Short Interest in Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Drops By 81.3%

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) was the target of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 4,655 shares, a decline of 81.3% from the May 14th total of 24,833 shares. Based on an average daily volume of 176,057 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Nuveen Growth Opportunities ETF Stock Down 1.9%

NUGO stock traded down $0.81 during midday trading on Wednesday, hitting $41.12. The company’s stock had a trading volume of 8,913 shares, compared to its average volume of 80,885. The stock’s 50-day moving average price is $41.06 and its 200 day moving average price is $39.61. Nuveen Growth Opportunities ETF has a 1 year low of $34.11 and a 1 year high of $44.54. The stock has a market cap of $2.83 billion, a price-to-earnings ratio of 40.41 and a beta of 1.16.

About Nuveen Growth Opportunities ETF

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.