Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) Sees Significant Growth in Short Interest

Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 5,967 shares, a growth of 301.5% from the July 15th total of 1,486 shares. Based on an average daily volume of 12,278 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Nuveen ESG Mid-Cap Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Morgan Stanley lifted its holdings in Nuveen ESG Mid-Cap Growth ETF by 3.8% during the fourth quarter. Morgan Stanley now owns 1,165,326 shares of the company’s stock valued at $55,636,000 after purchasing an additional 42,864 shares in the last quarter. Royal Bank of Canada increased its stake in shares of Nuveen ESG Mid-Cap Growth ETF by 3.9% in the first quarter. Royal Bank of Canada now owns 531,731 shares of the company’s stock worth $21,843,000 after purchasing an additional 20,130 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Nuveen ESG Mid-Cap Growth ETF by 5.0% during the 1st quarter. Bank of New York Mellon Corp now owns 486,403 shares of the company’s stock valued at $19,981,000 after buying an additional 23,223 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Nuveen ESG Mid-Cap Growth ETF by 4.7% during the 2nd quarter. Bank of America Corp DE now owns 347,720 shares of the company’s stock valued at $16,847,000 after buying an additional 15,602 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Nuveen ESG Mid-Cap Growth ETF by 3.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 277,743 shares of the company’s stock worth $13,496,000 after buying an additional 9,708 shares during the period.

Nuveen ESG Mid-Cap Growth ETF Stock Up 1.8%

Shares of NUMG opened at $49.59 on Friday. The business has a 50-day simple moving average of $46.45 and a two-hundred day simple moving average of $44.78. Nuveen ESG Mid-Cap Growth ETF has a 52 week low of $39.58 and a 52 week high of $49.70. The stock has a market cap of $416.56 million, a price-to-earnings ratio of 31.07 and a beta of 1.12.

About Nuveen ESG Mid-Cap Growth ETF

The Nuveen ESG Mid-Cap Growth ETF (NUMG) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Mid Cap Growth index. The fund tracks an index composed of mid-cap US companies with growth characteristics that also meet certain environmental, social, and governance criteria. NUMG was launched on Dec 13, 2016 and is managed by Nuveen.