Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) Sees Large Increase in Short Interest

Nuveen ESG Emerging Markets Equity ETF (BATS:NUEMGet Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 28,294 shares, a growth of 188.2% from the June 30th total of 9,816 shares. Based on an average daily trading volume, of 31,258 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the company’s stock are short sold.

Nuveen ESG Emerging Markets Equity ETF Stock Down 2.0%

BATS NUEM opened at $39.36 on Wednesday. The stock has a market capitalization of $369.98 million, a PE ratio of 14.73 and a beta of 0.62. The company has a 50 day moving average price of $41.42 and a two-hundred day moving average price of $39.54. Nuveen ESG Emerging Markets Equity ETF has a 12-month low of $32.89 and a 12-month high of $44.66.

Hedge Funds Weigh In On Nuveen ESG Emerging Markets Equity ETF

Several institutional investors have recently bought and sold shares of the stock. Smartleaf Asset Management LLC acquired a new stake in shares of Nuveen ESG Emerging Markets Equity ETF in the fourth quarter worth about $27,000. Millstone Evans Group LLC acquired a new position in shares of Nuveen ESG Emerging Markets Equity ETF during the 4th quarter valued at about $34,000. Advisory Services Network LLC bought a new position in shares of Nuveen ESG Emerging Markets Equity ETF in the 3rd quarter valued at approximately $70,000. Lockerman Financial Group Inc. bought a new position in shares of Nuveen ESG Emerging Markets Equity ETF in the 4th quarter valued at approximately $204,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in Nuveen ESG Emerging Markets Equity ETF in the 3rd quarter worth approximately $210,000.

Nuveen ESG Emerging Markets Equity ETF Company Profile

(Get Free Report)

The Nuveen ESG Emerging Markets Equity ETF (NUEM) is an exchange-traded fund that is based on the MSCI TIAA ESG Emerging Markets index. The fund tracks an index of large- and mid-cap emerging-market stocks that score highly on environmental, social, and governance (ESG) criteria. The index is optimized for market-like risk and return characteristics. NUEM was launched on Jun 7, 2017 and is managed by Nuveen.

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