Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Short Interest Up 136.5% in January

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 5,771 shares, an increase of 136.5% from the January 15th total of 2,440 shares. Based on an average trading volume of 16,875 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 16,875 shares, the days-to-cover ratio is presently 0.3 days.

Nuveen Growth Opportunities ETF Trading Down 0.4%

NUGO stock traded down $0.15 during midday trading on Friday, hitting $37.57. The company had a trading volume of 1,193 shares, compared to its average volume of 15,406. Nuveen Growth Opportunities ETF has a 52 week low of $26.01 and a 52 week high of $41.85. The stock’s 50 day moving average price is $39.47 and its 200 day moving average price is $39.22. The stock has a market cap of $2.59 billion, a price-to-earnings ratio of 40.41 and a beta of 1.13.

About Nuveen Growth Opportunities ETF

The Nuveen Growth Opportunities ETF (NUGO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in large-cap US stocks selected for growth, quality, and value factors. The fund utilizes the Natixis\u002FNYSE non-transparent model. NUGO was launched on Sep 27, 2021 and is managed by Nuveen.