Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Stock Short Interest Declines 62.3%

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 9,525 shares, a drop of 62.3% from the September 30th total of 25,252 shares. Based on an average daily volume of 250,666 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Nuveen ESG International Developed Markets Equity ETF

Several large investors have recently modified their holdings of NUDM. Farther Finance Advisors LLC boosted its holdings in shares of Nuveen ESG International Developed Markets Equity ETF by 11.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,950 shares of the company’s stock worth $197,000 after buying an additional 510 shares during the period. Continuum Advisory LLC raised its holdings in Nuveen ESG International Developed Markets Equity ETF by 2.9% in the 2nd quarter. Continuum Advisory LLC now owns 8,614 shares of the company’s stock valued at $345,000 after acquiring an additional 243 shares during the period. Kingswood Wealth Advisors LLC bought a new position in Nuveen ESG International Developed Markets Equity ETF in the 3rd quarter valued at about $454,000. Finally, Ledyard National Bank bought a new position in Nuveen ESG International Developed Markets Equity ETF in the 3rd quarter valued at about $1,404,000.

Nuveen ESG International Developed Markets Equity ETF Price Performance

NUDM stock opened at $39.18 on Friday. The company has a fifty day moving average price of $40.01 and a two-hundred day moving average price of $39.04. Nuveen ESG International Developed Markets Equity ETF has a one year low of $34.70 and a one year high of $41.79. The stock has a market cap of $622.96 million, a price-to-earnings ratio of 16.48 and a beta of 0.86.

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.