Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Short Interest Up 344.9% in May

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 4,462 shares, a growth of 344.9% from the May 14th total of 1,003 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 17,941 shares, the short-interest ratio is currently 0.2 days.

Nuveen ESG High Yield Corporate Bond ETF Stock Up 0.0%

Shares of NYSEARCA:NUHY opened at $21.39 on Friday. The business’s 50 day moving average price is $21.36 and its 200-day moving average price is $21.48. Nuveen ESG High Yield Corporate Bond ETF has a 1 year low of $20.92 and a 1 year high of $21.85.

Institutional Trading of Nuveen ESG High Yield Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc grew its holdings in Nuveen ESG High Yield Corporate Bond ETF by 82.2% in the 1st quarter. AdvisorNet Financial Inc now owns 1,574 shares of the company’s stock valued at $33,000 after buying an additional 710 shares in the last quarter. Legacy Financial Advisors Inc. grew its holdings in Nuveen ESG High Yield Corporate Bond ETF by 9.9% in the 4th quarter. Legacy Financial Advisors Inc. now owns 14,087 shares of the company’s stock valued at $304,000 after buying an additional 1,274 shares in the last quarter. Olde Wealth Management LLC grew its holdings in Nuveen ESG High Yield Corporate Bond ETF by 10.1% in the 4th quarter. Olde Wealth Management LLC now owns 35,472 shares of the company’s stock valued at $766,000 after buying an additional 3,264 shares in the last quarter. RMG Wealth Management LLC purchased a new stake in Nuveen ESG High Yield Corporate Bond ETF in the 1st quarter valued at $253,000. Finally, JPMorgan Chase & Co. grew its holdings 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 in the last quarter.

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.