Nuveen Municipal Income ETF (NYSEARCA:NUMI) Sees Significant Decrease in Short Interest

Nuveen Municipal Income ETF (NYSEARCA:NUMI) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 14,765 shares, a drop of 53.5% from the August 15th total of 31,743 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 3,694 shares, the short-interest ratio is presently 4.0 days.

Nuveen Municipal Income ETF Stock Performance

NYSEARCA NUMI traded down $0.01 on Wednesday, hitting $24.06. 13,249 shares of the stock were exchanged, compared to its average volume of 5,016. The business’s fifty day moving average is $24.72 and its 200 day moving average is $24.97. Nuveen Municipal Income ETF has a 52 week low of $23.94 and a 52 week high of $25.66.

Nuveen Municipal Income ETF Company Profile

The Nuveen Municipal Income ETF (NUMI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to provide federal tax-exempt current income through an actively managed portfolio of US municipal bonds of any credit quality. The fund maintains an overall weighted average maturity of greater than 10 years. NUMI was launched on Jan 22, 2025 and is issued by Nuveen.