Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Rises By 115.4%

Nuveen Core Plus Bond ETF (NASDAQ:NCPBGet Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 2,044 shares, an increase of 115.4% from the August 15th total of 949 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 19,104 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

An institutional investor recently bought a new stake in Nuveen Core Plus Bond ETF stock. Godfrey Financial Associates Inc. purchased a new stake in shares of Nuveen Core Plus Bond ETF (NASDAQ:NCPBFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,416 shares of the company’s stock, valued at approximately $36,000. Godfrey Financial Associates Inc. owned about 0.06% of Nuveen Core Plus Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Nuveen Core Plus Bond ETF Price Performance

Shares of Nuveen Core Plus Bond ETF stock opened at $24.25 on Wednesday. The business’s 50 day simple moving average is $24.58 and its 200 day simple moving average is $24.85. Nuveen Core Plus Bond ETF has a 52-week low of $24.21 and a 52-week high of $25.74.

Nuveen Core Plus Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 2nd. Investors of record on Tuesday, September 1st were issued a dividend of $0.1033 per share. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a yield of 5.1%.

Nuveen Core Plus Bond ETF Company Profile

(Get Free Report)

The Nuveen Core Plus Bond ETF (NCPB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is active, investing in a diversified mix of high-quality and below investment grade securities to optimize returns and manage risks. NCPB was launched on Mar 5, 2024 and is issued by Nuveen.

Further Reading

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