Short Interest in Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Drops By 72.8%

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,003 shares, a decrease of 72.8% from the April 30th total of 3,690 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 12,128 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Nuveen ESG High Yield Corporate Bond ETF

A number of institutional investors have recently modified their holdings of NUHY. GPS Wealth Strategies Group LLC boosted its stake in shares of Nuveen ESG High Yield Corporate Bond ETF by 79.7% in the third quarter. GPS Wealth Strategies Group LLC now owns 29,585 shares of the company’s stock valued at $644,000 after buying an additional 13,122 shares during the period. JPMorgan Chase & Co. increased its stake in Nuveen ESG High Yield Corporate Bond ETF by 42,942.6% in the third 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. Olde Wealth Management LLC bought a new position in Nuveen ESG High Yield Corporate Bond ETF in the third quarter valued at approximately $696,000. Legacy Financial Advisors Inc. raised its position in Nuveen ESG High Yield Corporate Bond ETF by 9.9% during the fourth quarter. Legacy Financial Advisors Inc. now owns 14,087 shares of the company’s stock valued at $304,000 after purchasing an additional 1,274 shares in the last quarter. Finally, Western Wealth Management LLC bought a new stake in Nuveen ESG High Yield Corporate Bond ETF during the fourth quarter worth $649,000.

Nuveen ESG High Yield Corporate Bond ETF Price Performance

Shares of Nuveen ESG High Yield Corporate Bond ETF stock traded up $0.04 on Friday, hitting $21.47. The stock had a trading volume of 20,206 shares, compared to its average volume of 29,947. Nuveen ESG High Yield Corporate Bond ETF has a twelve month low of $20.92 and a twelve month high of $21.85. The business’s 50 day moving average is $21.32 and its two-hundred day moving average is $21.50.

About Nuveen ESG High Yield Corporate Bond ETF

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.