Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Short Interest Up 142.7% in February

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 4,073 shares, an increase of 142.7% from the January 29th total of 1,678 shares. Based on an average daily volume of 31,613 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 31,613 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Nuveen ESG High Yield Corporate Bond ETF

Institutional investors have recently modified their holdings of the stock. Olde Wealth Management LLC lifted its position in shares of Nuveen ESG High Yield Corporate Bond ETF by 10.1% during the fourth quarter. Olde Wealth Management LLC now owns 35,472 shares of the company’s stock worth $766,000 after purchasing an additional 3,264 shares in the last quarter. Western Wealth Management LLC bought a new position in Nuveen ESG High Yield Corporate Bond ETF in the 4th quarter worth approximately $649,000. Legacy Financial Advisors Inc. lifted its holdings in Nuveen ESG High Yield Corporate Bond ETF by 9.9% during the 4th quarter. Legacy Financial Advisors Inc. now owns 14,087 shares of the company’s stock worth $304,000 after buying an additional 1,274 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Nuveen ESG High Yield Corporate Bond ETF by 42,942.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 26,256 shares of the company’s stock valued at $572,000 after buying an additional 26,195 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its position in Nuveen ESG High Yield Corporate Bond ETF by 79.7% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 29,585 shares of the company’s stock valued at $644,000 after buying an additional 13,122 shares during the last quarter.

Nuveen ESG High Yield Corporate Bond ETF Stock Performance

Shares of NUHY stock opened at $21.58 on Friday. The stock’s fifty day moving average is $21.65 and its 200-day moving average is $21.65. Nuveen ESG High Yield Corporate Bond ETF has a 52 week low of $20.17 and a 52 week high of $21.85.

Nuveen ESG High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 3rd. Investors of record on Monday, February 2nd were given a dividend of $0.1103 per share. This is a positive change from Nuveen ESG High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 6.1%.

About Nuveen ESG High Yield Corporate Bond ETF

The Nuveen ESG High Yield Corporate Bond ETF (NUHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of market-value-weighted US dollar-denominated high yield corporate bonds screened for favorable ESG criteria. NUHY was launched on Sep 25, 2019 and is managed by Nuveen.