Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) Short Interest Update

Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 43,247 shares, a decrease of 37.6% from the January 15th total of 69,279 shares. Based on an average daily trading volume, of 12,966 shares, the days-to-cover ratio is currently 3.3 days. Currently, 0.9% of the shares of the stock are short sold. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,966 shares, the days-to-cover ratio is currently 3.3 days.

Nuveen High Yield Municipal Income ETF Trading Up 0.3%

NHYM traded up $0.07 during trading on Friday, hitting $25.12. The company’s stock had a trading volume of 1,688 shares, compared to its average volume of 10,356. The firm’s 50 day moving average price is $24.88 and its 200-day moving average price is $24.63. Nuveen High Yield Municipal Income ETF has a twelve month low of $23.38 and a twelve month high of $25.49.

About Nuveen High Yield Municipal Income ETF

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