Nuveen ESG Small-Cap ETF (BATS:NUSC) Sees Large Decrease in Short Interest

Nuveen ESG Small-Cap ETF (BATS:NUSC) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 25,807 shares, a decline of 53.3% from the October 15th total of 55,262 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 50,876 shares, the short-interest ratio is currently 0.5 days.

Nuveen ESG Small-Cap ETF Stock Performance

Shares of NUSC traded down $0.01 during trading hours on Friday, hitting $50.61. 46,937 shares of the stock were exchanged, compared to its average volume of 86,228. Nuveen ESG Small-Cap ETF has a 12-month low of $42.11 and a 12-month high of $53.30. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 19.76 and a beta of 1.05. The stock’s 50-day moving average price is $49.78 and its two-hundred day moving average price is $49.34.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. EP Wealth Advisors LLC purchased a new position in Nuveen ESG Small-Cap ETF during the third quarter worth about $779,000. Whittier Trust Co. boosted its holdings in Nuveen ESG Small-Cap ETF by 4.5% in the 3rd quarter. Whittier Trust Co. now owns 44,735 shares of the company’s stock valued at $2,204,000 after purchasing an additional 1,923 shares during the last quarter. Private Advisor Group LLC boosted its holdings in Nuveen ESG Small-Cap ETF by 16.1% in the 3rd quarter. Private Advisor Group LLC now owns 22,159 shares of the company’s stock valued at $1,075,000 after purchasing an additional 3,070 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in Nuveen ESG Small-Cap ETF by 74.8% in the 3rd quarter. Global Retirement Partners LLC now owns 596 shares of the company’s stock valued at $29,000 after purchasing an additional 255 shares during the last quarter. Finally, HighTower Advisors LLC purchased a new stake in shares of Nuveen ESG Small-Cap ETF in the 3rd quarter valued at approximately $1,384,000.

About Nuveen ESG Small-Cap ETF

The Nuveen ESG Small-Cap ETF (NUSC) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Small Cap index. The fund tracks a multi-factor-weighted index of small-cap companies listed on US exchanges. Holdings are screened for environmental, social, and governance (ESG) criteria. NUSC was launched on Dec 13, 2016 and is managed by Nuveen.