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

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 158,172 shares, an increase of 12,584.2% from the June 15th total of 1,247 shares. Based on an average daily volume of 456,173 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the company are sold short.

Nuveen Growth Opportunities ETF Stock Up 0.6%

Shares of NYSEARCA:NUGO traded up $0.28 on Friday, reaching $43.48. 12,159 shares of the company’s stock were exchanged, compared to its average volume of 115,124. The business’s 50-day moving average is $42.77 and its two-hundred day moving average is $40.07. Nuveen Growth Opportunities ETF has a fifty-two week low of $34.28 and a fifty-two week high of $44.54. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 40.41 and a beta of 1.16.

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.