Nuveen ESG Mid-Cap Value ETF (BATS:NUMV) Sees Significant Growth in Short Interest

Nuveen ESG Mid-Cap Value ETF (BATS:NUMV) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 17,794 shares, an increase of 103.3% from the July 30th total of 8,753 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 17,477 shares, the days-to-cover ratio is currently 1.0 days.

Nuveen ESG Mid-Cap Value ETF Price Performance

Shares of NUMV stock opened at $45.08 on Friday. The stock has a market capitalization of $468.83 million, a PE ratio of 18.60 and a beta of 1.01. The business’s 50 day simple moving average is $44.49 and its 200 day simple moving average is $42.18. Nuveen ESG Mid-Cap Value ETF has a one year low of $37.40 and a one year high of $45.89.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Cornerstone Financial Management LLC increased its position in shares of Nuveen ESG Mid-Cap Value ETF by 3.6% during the second quarter. Cornerstone Financial Management LLC now owns 9,724 shares of the company’s stock worth $423,000 after buying an additional 336 shares during the period. Natural Investments LLC acquired a new position in Nuveen ESG Mid-Cap Value ETF in the second quarter valued at $215,000. Canandaigua National Bank & Trust Co. acquired a new position in Nuveen ESG Mid-Cap Value ETF in the second quarter valued at $1,909,000. Parallel Advisors LLC boosted its position in Nuveen ESG Mid-Cap Value ETF by 3.5% during the first quarter. Parallel Advisors LLC now owns 14,636 shares of the company’s stock valued at $567,000 after acquiring an additional 500 shares during the last quarter. Finally, Ipsen Advisor Group LLC boosted its position in Nuveen ESG Mid-Cap Value ETF by 6.1% during the first quarter. Ipsen Advisor Group LLC now owns 6,652 shares of the company’s stock valued at $258,000 after acquiring an additional 381 shares during the last quarter.

Nuveen ESG Mid-Cap Value ETF Company Profile

The Nuveen ESG Mid-Cap Value ETF (NUMV) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Mid Cap Value index. The fund tracks an index of US mid-cap value stocks that score highly on environmental, social, and governance (ESG) criteria. The fund weighting uses a multi-factor optimizer. NUMV was launched on Dec 13, 2016 and is managed by Nuveen.