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

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 4,385 shares, a decline of 29.9% from the March 31st total of 6,251 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 48,398 shares, the days-to-cover ratio is currently 0.1 days.

Nuveen Growth Opportunities ETF Stock Down 0.7%

NUGO stock traded down $0.27 during midday trading on Tuesday, reaching $41.05. The company had a trading volume of 266 shares, compared to its average volume of 32,996. The stock has a 50 day moving average price of $37.90 and a 200 day moving average price of $39.05. Nuveen Growth Opportunities ETF has a fifty-two week low of $30.29 and a fifty-two week high of $41.85. The firm has a market capitalization of $2.83 billion, a PE ratio of 40.41 and a beta of 1.14.

Nuveen Growth Opportunities ETF Company Profile

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.