Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Sees Large Decrease in Short Interest

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 2,936 shares, a decline of 63.8% from the November 30th total of 8,115 shares. Based on an average trading volume of 27,248 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 27,248 shares, the days-to-cover ratio is presently 0.1 days.

Nuveen ESG High Yield Corporate Bond ETF Price Performance

NUHY remained flat at $21.61 on Friday. 9,719 shares of the company were exchanged, compared to its average volume of 23,721. Nuveen ESG High Yield Corporate Bond ETF has a one year low of $20.17 and a one year high of $21.85. The firm has a 50 day moving average price of $21.63 and a two-hundred day moving average price of $21.62.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Olde Wealth Management LLC purchased a new stake in Nuveen ESG High Yield Corporate Bond ETF during the third quarter valued at approximately $696,000. JPMorgan Chase & Co. increased its position in shares of Nuveen ESG High Yield Corporate Bond ETF by 42,942.6% during the third quarter. JPMorgan Chase & Co. now owns 26,256 shares of the company’s stock worth $572,000 after purchasing an additional 26,195 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in shares of Nuveen ESG High Yield Corporate Bond ETF by 79.7% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 29,585 shares of the company’s stock valued at $644,000 after purchasing an additional 13,122 shares during the last quarter. Finally, RMG Wealth Management LLC acquired a new stake in shares of Nuveen ESG High Yield Corporate Bond ETF in the 2nd quarter worth $175,000.

Nuveen ESG High Yield Corporate Bond ETF Company Profile

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.