Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) Stock Short Interest Report for October

Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 37,908 shares, a growth of 127.9% from the September 30th total of 16,633 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 76,727 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Nuveen High Yield Municipal Income ETF stock. Farther Finance Advisors LLC lifted its stake in shares of Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) by 83.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,436 shares of the company’s stock after purchasing an additional 3,385 shares during the period. Farther Finance Advisors LLC owned 0.13% of Nuveen High Yield Municipal Income ETF worth $171,000 as of its most recent SEC filing.

Nuveen High Yield Municipal Income ETF Trading Up 0.3%

Shares of NYSEARCA NHYM opened at $23.92 on Friday. Nuveen High Yield Municipal Income ETF has a fifty-two week low of $22.74 and a fifty-two week high of $25.33. The business’s 50 day moving average price is $23.74 and its 200-day moving average price is $24.62.

Nuveen High Yield Municipal Income ETF Company Profile

The Nuveen High Yield Municipal Income ETF (NHYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to provide federal tax-exempt current income through an actively managed portfolio of high-yield US municipal bonds. The fund maintains an overall weighted average maturity of greater than 10 years. NHYM was launched on Jan 22, 2025 and is issued by Nuveen.