Short Interest in Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NYSEARCA:NUSA) Rises By 443.9%

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NYSEARCA:NUSA) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 7,049 shares, a growth of 443.9% from the May 31st total of 1,296 shares. Based on an average daily trading volume, of 7,886 shares, the short-interest ratio is currently 0.9 days. Approximately 0.5% of the company’s shares are sold short.

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF Stock Performance

NUSA stock opened at $23.19 on Friday. The company’s fifty day simple moving average is $23.17 and its 200 day simple moving average is $23.30. Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF has a 12-month low of $23.05 and a 12-month high of $23.56.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Global Retirement Partners LLC boosted its position in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 19.6% during the 4th quarter. Global Retirement Partners LLC now owns 3,327 shares of the company’s stock valued at $78,000 after purchasing an additional 546 shares in the last quarter. Apella Capital LLC bought a new stake in Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF in the first quarter worth approximately $376,000. Raymond James Financial Inc. increased its holdings in Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 18.5% in the third quarter. Raymond James Financial Inc. now owns 27,064 shares of the company’s stock worth $635,000 after purchasing an additional 4,233 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 9.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 29,210 shares of the company’s stock valued at $683,000 after buying an additional 2,485 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its stake in Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 1.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 31,887 shares of the company’s stock valued at $746,000 after buying an additional 578 shares during the period.

About Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF

The Nuveen Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF (NUSA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a US broad-market, investment-grade, short-term bond index, overweighting to securities and sectors that have a higher yield potential while maintaining a comparable overall risk profile. NUSA was launched on Mar 31, 2017 and is managed by Nuveen.