Nuveen Municipal Income ETF (NYSEARCA:NUMI) Short Interest Update

Nuveen Municipal Income ETF (NYSEARCA:NUMI) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 14,765 shares, a decline of 53.5% from the August 15th total of 31,743 shares. Based on an average daily volume of 3,694 shares, the days-to-cover ratio is presently 4.0 days. Approximately 0.4% of the shares of the company are sold short.

Nuveen Municipal Income ETF Stock Performance

NYSEARCA:NUMI opened at $24.17 on Monday. The firm’s fifty day moving average price is $24.76 and its two-hundred day moving average price is $24.99. Nuveen Municipal Income ETF has a one year low of $24.06 and a one year high of $25.66.

About Nuveen Municipal Income ETF

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