Short Interest in Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Declines By 36.2%

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 3,690 shares, a decline of 36.2% from the April 15th total of 5,780 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 22,196 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Nuveen ESG High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Olde Wealth Management LLC raised its position in shares of Nuveen ESG High Yield Corporate Bond ETF by 10.1% during the 4th quarter. Olde Wealth Management LLC now owns 35,472 shares of the company’s stock valued at $766,000 after acquiring an additional 3,264 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of Nuveen ESG High Yield Corporate Bond ETF during the 4th quarter valued at $649,000. GPS Wealth Strategies Group LLC raised its position in shares of Nuveen ESG High Yield Corporate Bond ETF by 79.7% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 29,585 shares of the company’s stock valued at $644,000 after acquiring an additional 13,122 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Nuveen ESG High Yield Corporate Bond ETF by 42,942.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 26,256 shares of the company’s stock valued at $572,000 after acquiring an additional 26,195 shares during the last quarter. Finally, Legacy Financial Advisors Inc. raised its position in shares of Nuveen ESG High Yield Corporate Bond ETF by 9.9% during the 4th quarter. Legacy Financial Advisors Inc. now owns 14,087 shares of the company’s stock valued at $304,000 after acquiring an additional 1,274 shares during the last quarter.

Nuveen ESG High Yield Corporate Bond ETF Stock Performance

Shares of Nuveen ESG High Yield Corporate Bond ETF stock traded down $0.04 on Monday, hitting $21.19. 28,896 shares of the company’s stock traded hands, compared to its average volume of 31,090. The firm’s 50-day moving average price is $21.30 and its two-hundred day moving average price is $21.51. Nuveen ESG High Yield Corporate Bond ETF has a one year low of $20.92 and a one year high of $21.85.

Nuveen ESG High Yield Corporate Bond ETF Company Profile

The Nuveen ESG High Yield Corporate Bond ETF (NUHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of market-value-weighted US dollar-denominated high yield corporate bonds screened for favorable ESG criteria. NUHY was launched on Sep 25, 2019 and is managed by Nuveen.