Nuveen Dividend Growth ETF (NYSEARCA:NDVG) Sees Significant Increase in Short Interest

Nuveen Dividend Growth ETF (NYSEARCA:NDVG) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 1,091 shares, an increase of 1,263.8% from the November 30th total of 80 shares. Based on an average trading volume of 689 shares, the short-interest ratio is presently 1.6 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 689 shares, the short-interest ratio is presently 1.6 days.

Nuveen Dividend Growth ETF Stock Performance

Shares of NYSEARCA NDVG traded up $0.16 during trading hours on Wednesday, hitting $35.73. The stock had a trading volume of 33 shares, compared to its average volume of 2,030. The firm’s 50-day moving average price is $35.40 and its two-hundred day moving average price is $34.85. Nuveen Dividend Growth ETF has a 52 week low of $28.27 and a 52 week high of $36.23. The company has a market capitalization of $13.22 million, a P/E ratio of 26.32 and a beta of 0.85.

Institutional Investors Weigh In On Nuveen Dividend Growth ETF

A hedge fund recently raised its stake in Nuveen Dividend Growth ETF stock. Forefront Wealth Partners LLC boosted its holdings in Nuveen Dividend Growth ETF (NYSEARCA:NDVG) by 35.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,021 shares of the company’s stock after acquiring an additional 26,311 shares during the quarter. Nuveen Dividend Growth ETF accounts for about 2.2% of Forefront Wealth Partners LLC’s investment portfolio, making the stock its 10th biggest position. Forefront Wealth Partners LLC owned about 26.58% of Nuveen Dividend Growth ETF worth $3,313,000 as of its most recent SEC filing.

Nuveen Dividend Growth ETF Company Profile

The Nuveen Dividend Growth ETF (NDVG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent ETF that primarily holds dividend-paying equities from around the globe. The fund utilizes the Natixis\u002FNYSE non-transparent model. NDVG was launched on Aug 4, 2021 and is managed by Nuveen.