Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Short Interest Up 95.3% in August

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 20,490 shares, a growth of 95.3% from the July 30th total of 10,491 shares. Based on an average trading volume of 12,332 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of NUHY. Western Wealth Management LLC acquired a new position in Nuveen ESG High Yield Corporate Bond ETF during the 4th quarter worth approximately $649,000. JPMorgan Chase & Co. raised its holdings in shares of Nuveen ESG High Yield Corporate Bond ETF by 42,942.6% in the third quarter. JPMorgan Chase & Co. now owns 26,256 shares of the company’s stock valued at $572,000 after purchasing an additional 26,195 shares during the last quarter. RMG Wealth Management LLC bought a new stake in shares of Nuveen ESG High Yield Corporate Bond ETF in the first quarter worth $253,000. Continuum Advisory LLC bought a new stake in shares of Nuveen ESG High Yield Corporate Bond ETF in the second quarter worth $99,000. Finally, Olde Wealth Management LLC boosted its holdings in Nuveen ESG High Yield Corporate Bond ETF by 10.1% during the fourth quarter. Olde Wealth Management LLC now owns 35,472 shares of the company’s stock worth $766,000 after purchasing an additional 3,264 shares during the last quarter.

Nuveen ESG High Yield Corporate Bond ETF Trading Down 0.2%

Shares of NYSEARCA NUHY traded down $0.05 during mid-day trading on Friday, reaching $21.30. 6,977 shares of the company’s stock were exchanged, compared to its average volume of 24,707. Nuveen ESG High Yield Corporate Bond ETF has a twelve month low of $20.92 and a twelve month high of $21.85. The business has a fifty day simple moving average of $21.31 and a 200 day simple moving average of $21.35.

About Nuveen ESG High Yield Corporate Bond ETF

The Nuveen ESG High Yield Corporate Bond ETF (NUHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of market-value-weighted US dollar-denominated high yield corporate bonds screened for favorable ESG criteria. NUHY was launched on Sep 25, 2019 and is managed by Nuveen.