Short Interest in Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Increases By 100.8%

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 49,984 shares, a growth of 100.8% from the July 30th total of 24,897 shares. Based on an average daily trading volume, of 26,910 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Advisory Services Network LLC grew its position in shares of Nuveen ESG International Developed Markets Equity ETF by 34.8% in the 4th quarter. Advisory Services Network LLC now owns 84,356 shares of the company’s stock worth $3,055,000 after buying an additional 21,793 shares during the last quarter. One Capital Management LLC purchased a new position in shares of Nuveen ESG International Developed Markets Equity ETF in the fourth quarter worth $455,000. Burns J W & Co. Inc. NY purchased a new position in shares of Nuveen ESG International Developed Markets Equity ETF in the first quarter worth $397,000. Finally, Continuum Advisory LLC lifted its stake in shares of Nuveen ESG International Developed Markets Equity ETF by 16.3% during the fourth quarter. Continuum Advisory LLC now owns 8,372 shares of the company’s stock worth $303,000 after buying an additional 1,173 shares during the period.

Nuveen ESG International Developed Markets Equity ETF Trading Down 0.3%

Shares of Nuveen ESG International Developed Markets Equity ETF stock opened at $41.12 on Friday. The stock’s fifty day moving average price is $40.44 and its 200-day moving average price is $38.96. The firm has a market cap of $653.81 million, a P/E ratio of 16.48 and a beta of 0.86. Nuveen ESG International Developed Markets Equity ETF has a 12 month low of $34.70 and a 12 month high of $41.79.

About Nuveen ESG International Developed Markets Equity ETF

The Nuveen ESG International Developed Markets Equity ETF (NUDM) is an exchange-traded fund that is based on the MSCI TIAA ESG International DM index. The fund tracks an index of companies from developed countries, excluding the US and Canada, that align with various environmental, social, and governance principles. NUDM was launched on Jun 7, 2017 and is managed by Nuveen.