Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Sees Significant Growth in Short Interest

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 5,771 shares, an increase of 136.5% from the January 15th total of 2,440 shares. Based on an average daily volume of 16,875 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 16,875 shares, the days-to-cover ratio is presently 0.3 days.

Nuveen Growth Opportunities ETF Trading Down 1.8%

Shares of NYSEARCA NUGO traded down $0.70 during trading hours on Thursday, reaching $37.72. The stock had a trading volume of 2,147 shares, compared to its average volume of 15,898. Nuveen Growth Opportunities ETF has a 52-week low of $26.01 and a 52-week high of $41.85. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of 40.41 and a beta of 1.13. The business’s fifty day moving average price is $39.57 and its two-hundred day moving average price is $39.23.

Nuveen Growth Opportunities ETF Company Profile

The Nuveen Growth Opportunities ETF (NUGO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in large-cap US stocks selected for growth, quality, and value factors. The fund utilizes the Natixis\u002FNYSE non-transparent model. NUGO was launched on Sep 27, 2021 and is managed by Nuveen.