Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Sees Significant Decline in Short Interest

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 32,290 shares, a drop of 35.4% from the August 15th total of 49,984 shares. Based on an average daily trading volume, of 33,976 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of Nuveen ESG International Developed Markets Equity ETF

A number of large investors have recently modified their holdings of the company. One Capital Management LLC bought a new position in Nuveen ESG International Developed Markets Equity ETF in the fourth quarter worth approximately $455,000. Burns J W & Co. Inc. NY bought a new stake in Nuveen ESG International Developed Markets Equity ETF during the 1st quarter valued at $397,000. Finally, Continuum Advisory LLC lifted its holdings in shares of Nuveen ESG International Developed Markets Equity ETF by 2.9% in the 2nd quarter. Continuum Advisory LLC now owns 8,614 shares of the company’s stock worth $345,000 after buying an additional 243 shares during the period.

Nuveen ESG International Developed Markets Equity ETF Price Performance

Nuveen ESG International Developed Markets Equity ETF stock opened at $39.91 on Thursday. The stock has a market cap of $634.57 million, a price-to-earnings ratio of 16.48 and a beta of 0.86. The firm has a 50-day moving average of $40.68 and a two-hundred day moving average of $39.08. Nuveen ESG International Developed Markets Equity ETF has a 1 year low of $34.70 and a 1 year high of $41.79.

About Nuveen ESG International Developed Markets Equity ETF

The Nuveen ESG International Developed Markets Equity ETF (NUDM) is an exchange-traded fund that is based on the MSCI TIAA ESG International DM index. The fund tracks an index of companies from developed countries, excluding the US and Canada, that align with various environmental, social, and governance principles. NUDM was launched on Jun 7, 2017 and is managed by Nuveen.