Nuveen Municipal Income ETF (NYSEARCA:NUMI) Short Interest Up 102.2% in April

Nuveen Municipal Income ETF (NYSEARCA:NUMI) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 30,623 shares, a growth of 102.2% from the April 15th total of 15,143 shares. Based on an average daily trading volume, of 3,721 shares, the days-to-cover ratio is currently 8.2 days. Approximately 1.0% of the company’s shares are sold short.

Nuveen Municipal Income ETF Stock Performance

Shares of NYSEARCA:NUMI traded up $0.02 during trading on Monday, reaching $24.95. 220 shares of the company were exchanged, compared to its average volume of 4,155. The business’s fifty day simple moving average is $25.08 and its 200-day simple moving average is $25.17. Nuveen Municipal Income ETF has a 12-month low of $24.01 and a 12-month high of $25.66.

About Nuveen Municipal Income ETF

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