Short Interest in Nuveen Preferred and Income ETF (NASDAQ:NPFI) Increases By 19.0%

Nuveen Preferred and Income ETF (NASDAQ:NPFI) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 6,900 shares, a growth of 19.0% from the January 15th total of 5,800 shares. Based on an average daily volume of 8,900 shares, the short-interest ratio is currently 0.8 days.

Nuveen Preferred and Income ETF Stock Performance

Shares of Nuveen Preferred and Income ETF stock traded up $0.07 during midday trading on Monday, hitting $25.84. The company had a trading volume of 5,847 shares, compared to its average volume of 17,618. The company has a 50 day moving average of $25.68 and a 200 day moving average of $25.79. Nuveen Preferred and Income ETF has a 52-week low of $24.99 and a 52-week high of $26.15.

Nuveen Preferred and Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, February 4th. Stockholders of record on Monday, February 3rd were given a $0.1017 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

About Nuveen Preferred and Income ETF

The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return.