Short Interest in Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Increases By 184.8%

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 10,089 shares, an increase of 184.8% from the July 30th total of 3,543 shares. Based on an average trading volume of 29,568 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

Nuveen Growth Opportunities ETF Stock Performance

NUGO stock traded down $0.43 during midday trading on Friday, reaching $43.31. 15,957 shares of the company traded hands, compared to its average volume of 101,177. Nuveen Growth Opportunities ETF has a 52-week low of $34.28 and a 52-week high of $44.83. The business has a 50 day moving average of $42.88 and a 200-day moving average of $40.91. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 40.41 and a beta of 1.16.

Institutional Trading of Nuveen Growth Opportunities ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Global Retirement Partners LLC purchased a new position in Nuveen Growth Opportunities ETF during the second quarter worth $143,000. Pasadena Private Wealth LLC purchased a new stake in shares of Nuveen Growth Opportunities ETF in the second quarter valued at $136,000. Focused Alpha LLC purchased a new stake in shares of Nuveen Growth Opportunities ETF in the second quarter valued at $465,000. Kingsview Wealth Management LLC bought a new stake in shares of Nuveen Growth Opportunities ETF in the 2nd quarter worth about $179,000. Finally, Bank of America Corp DE bought a new stake in shares of Nuveen Growth Opportunities ETF in the 2nd quarter worth about $15,417,000.

Nuveen Growth Opportunities ETF Company Profile

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.