Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) Sees Significant Growth in Short Interest

Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 5,230 shares, an increase of 319.4% from the August 15th total of 1,247 shares. Based on an average daily trading volume, of 19,620 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Nuveen Enhanced Yield U.S. Aggregate Bond ETF stock. Flow Traders U.S. LLC bought a new position in shares of Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 Price Performance

Shares of NUAG stock traded up $0.04 during trading hours on Friday, reaching $20.40. 797 shares of the company’s stock were exchanged, compared to its average volume of 26,544. Nuveen Enhanced Yield U.S. Aggregate Bond ETF has a 1 year low of $20.36 and a 1 year high of $21.51. The stock’s fifty day moving average price is $20.67 and its two-hundred day moving average price is $20.91.

About Nuveen Enhanced Yield U.S. Aggregate Bond ETF

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.