Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Sees Significant Growth in Short Interest

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 5,771 shares, an increase of 136.5% from the January 15th total of 2,440 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 16,875 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 16,875 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Nuveen Growth Opportunities ETF Price Performance

Shares of NUGO stock traded down $0.70 during trading hours on Thursday, reaching $37.72. 2,147 shares of the company traded hands, compared to its average volume of 15,898. The firm has a 50-day moving average price of $39.57 and a 200 day moving average price of $39.23. The company has a market cap of $2.60 billion, a P/E ratio of 40.41 and a beta of 1.13. Nuveen Growth Opportunities ETF has a 12-month low of $26.01 and a 12-month high of $41.85.

About Nuveen Growth Opportunities ETF

The Nuveen Growth Opportunities ETF (NUGO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in large-cap US stocks selected for growth, quality, and value factors. The fund utilizes the Natixis\u002FNYSE non-transparent model. NUGO was launched on Sep 27, 2021 and is managed by Nuveen.