Short Interest in Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) Increases By 259.7%

Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 19,004 shares, a growth of 259.7% from the July 15th total of 5,284 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 10,498 shares, the days-to-cover ratio is currently 1.8 days.

Nuveen Enhanced Yield U.S. Aggregate Bond ETF Price Performance

NUAG stock traded up $0.08 during mid-day trading on Thursday, reaching $20.72. 1,189 shares of the stock traded hands, compared to its average volume of 25,499. Nuveen Enhanced Yield U.S. Aggregate Bond ETF has a 52-week low of $20.60 and a 52-week high of $21.51. The stock’s fifty day moving average is $20.84 and its 200-day moving average is $21.02.

Hedge Funds Weigh In On Nuveen Enhanced Yield U.S. Aggregate Bond ETF

A hedge fund recently bought a new stake in Nuveen Enhanced Yield U.S. Aggregate Bond ETF stock. Flow Traders U.S. LLC bought a new position in Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 40,354 shares of the company’s stock, valued at approximately $860,000. Flow Traders U.S. LLC owned 1.35% of Nuveen Enhanced Yield U.S. Aggregate Bond ETF as of its most recent SEC filing.

Nuveen Enhanced Yield U.S. Aggregate Bond ETF Company Profile

The Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a US broad-market investment-grade bond index, overweighting market segments with higher yield potential while maintaining the overall risk and credit profile of the broad market. NUAG was launched on Sep 14, 2016 and is managed by Nuveen.