Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Short Interest Update

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 66,972 shares, a growth of 2,181.1% from the December 15th total of 2,936 shares. Based on an average daily volume of 48,792 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.3% of the shares of the company are short sold. Currently, 1.3% of the shares of the company are short sold. Based on an average daily volume of 48,792 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. RMG Wealth Management LLC bought a new stake in Nuveen ESG High Yield Corporate Bond ETF during the 2nd quarter worth approximately $175,000. GPS Wealth Strategies Group LLC raised its position in shares of Nuveen ESG High Yield Corporate Bond ETF by 67.5% during the second quarter. GPS Wealth Strategies Group LLC now owns 16,463 shares of the company’s stock valued at $357,000 after buying an additional 6,637 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Nuveen ESG High Yield Corporate Bond ETF by 42,942.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 26,256 shares of the company’s stock valued at $572,000 after acquiring an additional 26,195 shares during the last quarter. Finally, Olde Wealth Management LLC bought a new stake in shares of Nuveen ESG High Yield Corporate Bond ETF in the third quarter worth about $696,000.

Nuveen ESG High Yield Corporate Bond ETF Price Performance

NUHY opened at $21.72 on Wednesday. Nuveen ESG High Yield Corporate Bond ETF has a 12-month low of $20.17 and a 12-month high of $21.85. The company’s 50 day moving average is $21.62 and its 200 day moving average is $21.64.

Nuveen ESG High Yield Corporate Bond ETF Company Profile

The Nuveen ESG High Yield Corporate Bond ETF (NUHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of market-value-weighted US dollar-denominated high yield corporate bonds screened for favorable ESG criteria. NUHY was launched on Sep 25, 2019 and is managed by Nuveen.