Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NYSEARCA:NUSA) Sees Significant Increase in Short Interest

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NYSEARCA:NUSA) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 14,599 shares, a growth of 940.6% from the July 30th total of 1,403 shares. Based on an average trading volume of 5,870 shares, the short-interest ratio is currently 2.5 days. Currently, 1.0% of the company’s stock are sold short.

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:NUSA remained flat at $23.00 during trading on Thursday. The stock had a trading volume of 41,166 shares, compared to its average volume of 6,617. The company has a 50 day moving average of $23.08 and a two-hundred day moving average of $23.20. Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF has a 12-month low of $22.95 and a 12-month high of $23.56.

Hedge Funds Weigh In On Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in NUSA. Global Retirement Partners LLC boosted its stake in Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 19.6% during the fourth quarter. Global Retirement Partners LLC now owns 3,327 shares of the company’s stock worth $78,000 after acquiring an additional 546 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 1.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 31,887 shares of the company’s stock valued at $746,000 after purchasing an additional 578 shares during the last quarter. Assetmark Inc. boosted its position in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 5.5% in the 1st quarter. Assetmark Inc. now owns 44,058 shares of the company’s stock worth $1,027,000 after purchasing an additional 2,287 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 9.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 29,210 shares of the company’s stock worth $683,000 after purchasing an additional 2,485 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 18.5% in the 3rd quarter. Raymond James Financial Inc. now owns 27,064 shares of the company’s stock worth $635,000 after buying an additional 4,233 shares during the last quarter.

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF Company Profile

The Nuveen Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF (NUSA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a US broad-market, investment-grade, short-term bond index, overweighting to securities and sectors that have a higher yield potential while maintaining a comparable overall risk profile. NUSA was launched on Mar 31, 2017 and is managed by Nuveen.