Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Short Interest Down 89.6% in January

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 6,941 shares, a drop of 89.6% from the December 31st total of 66,972 shares. Based on an average trading volume of 32,596 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 32,596 shares, the short-interest ratio is currently 0.2 days.

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

A number of institutional investors have recently added to or reduced their stakes in the company. RMG Wealth Management LLC boosted its position in shares of Nuveen ESG High Yield Corporate Bond ETF by 43.7% during the 3rd quarter. RMG Wealth Management LLC now owns 11,643 shares of the company’s stock valued at $252,000 after acquiring an additional 3,540 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its stake in shares of Nuveen ESG High Yield Corporate Bond ETF by 67.5% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 16,463 shares of the company’s stock valued at $357,000 after acquiring an additional 6,637 shares during the last quarter. JPMorgan Chase & Co. lifted its position 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 purchasing an additional 26,195 shares during the last quarter. Finally, Olde Wealth Management LLC bought a new stake in Nuveen ESG High Yield Corporate Bond ETF during the 3rd quarter valued at $696,000.

Nuveen ESG High Yield Corporate Bond ETF Stock Performance

Shares of NYSEARCA:NUHY traded down $0.04 during mid-day trading on Thursday, hitting $21.68. The company had a trading volume of 7,568 shares, compared to its average volume of 28,714. Nuveen ESG High Yield Corporate Bond ETF has a one year low of $20.17 and a one year high of $21.85. The firm has a fifty day moving average price of $21.66 and a 200 day moving average price of $21.65.

Nuveen ESG High Yield Corporate Bond ETF Company Profile

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.