Nuveen ESG Mid-Cap Value ETF (BATS:NUMV) Short Interest Up 447.5% in May

Nuveen ESG Mid-Cap Value ETF (BATS:NUMV) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 13,004 shares, a growth of 447.5% from the April 30th total of 2,375 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 20,383 shares, the days-to-cover ratio is presently 0.6 days.

Nuveen ESG Mid-Cap Value ETF Price Performance

Shares of BATS:NUMV opened at $42.35 on Thursday. The company has a market capitalization of $440.44 million, a P/E ratio of 18.60 and a beta of 1.01. Nuveen ESG Mid-Cap Value ETF has a 1 year low of $34.45 and a 1 year high of $42.63. The business’s 50 day simple moving average is $40.46 and its 200 day simple moving average is $40.04.

Institutional Investors Weigh In On Nuveen ESG Mid-Cap Value ETF

Large investors have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc lifted its stake in Nuveen ESG Mid-Cap Value ETF by 86.5% during the first quarter. AdvisorNet Financial Inc now owns 634 shares of the company’s stock worth $25,000 after purchasing an additional 294 shares during the last quarter. Fifth Third Bancorp bought a new stake in Nuveen ESG Mid-Cap Value ETF during the first quarter worth $48,000. Blueline Advisors LLC bought a new stake in Nuveen ESG Mid-Cap Value ETF during the fourth quarter worth $73,000. Western Wealth Management LLC bought a new stake in Nuveen ESG Mid-Cap Value ETF during the first quarter worth $82,000. Finally, EP Wealth Advisors LLC bought a new stake in Nuveen ESG Mid-Cap Value ETF during the second quarter worth $107,000.

Nuveen ESG Mid-Cap Value ETF Company Profile

The Nuveen ESG Mid-Cap Value ETF (NUMV) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Mid Cap Value index. The fund tracks an index of US mid-cap value stocks that score highly on environmental, social, and governance (ESG) criteria. The fund weighting uses a multi-factor optimizer. NUMV was launched on Dec 13, 2016 and is managed by Nuveen.