Nuveen ESG Large-Cap ETF (BATS:NULC) Stock Short Interest Declines 90.8%

Nuveen ESG Large-Cap ETF (BATS:NULC) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 843 shares, a decline of 90.8% from the September 30th total of 9,153 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 3,472 shares, the short-interest ratio is currently 0.2 days.

Nuveen ESG Large-Cap ETF Price Performance

Nuveen ESG Large-Cap ETF stock traded up $0.51 during mid-day trading on Monday, hitting $55.38. The company’s stock had a trading volume of 83,495 shares, compared to its average volume of 5,069. The business has a 50 day moving average price of $55.72 and a 200-day moving average price of $54.04. Nuveen ESG Large-Cap ETF has a 12 month low of $45.06 and a 12 month high of $57.04. The stock has a market cap of $55.38 million, a price-to-earnings ratio of 26.11 and a beta of 1.01.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Wealth Group Ltd boosted its stake in shares of Nuveen ESG Large-Cap ETF by 23.0% during the third quarter. Wealth Group Ltd now owns 12,405 shares of the company’s stock valued at $695,000 after purchasing an additional 2,320 shares during the period. Ameritas Advisory Services LLC bought a new position in shares of Nuveen ESG Large-Cap ETF during the second quarter valued at about $108,000. Finally, Private Advisor Group LLC boosted its holdings in shares of Nuveen ESG Large-Cap ETF by 2.7% during the first quarter. Private Advisor Group LLC now owns 10,561 shares of the company’s stock worth $489,000 after purchasing an additional 279 shares during the period.

Nuveen ESG Large-Cap ETF Company Profile

The Nuveen ESG Large-Cap ETF (NULC) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Large Cap index. The fund tracks a multi-factor-weighted index of large-cap companies listed on US exchanges. Holdings are screened for environmental, social, and governance criteria (ESG). NULC was launched on Jun 3, 2019 and is managed by Nuveen.