Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Short Interest Down 36.2% in April

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 3,690 shares, a decrease of 36.2% from the April 15th total of 5,780 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 22,196 shares, the short-interest ratio is presently 0.2 days.

Nuveen ESG High Yield Corporate Bond ETF Price Performance

NUHY stock traded down $0.05 during midday trading on Tuesday, reaching $21.14. The company had a trading volume of 5,605 shares, compared to its average volume of 30,821. The firm has a 50-day moving average price of $21.30 and a 200-day moving average price of $21.51. Nuveen ESG High Yield Corporate Bond ETF has a 1 year low of $20.92 and a 1 year high of $21.85.

Institutional Investors Weigh In On Nuveen ESG High Yield Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in NUHY. AdvisorNet Financial Inc grew its position in Nuveen ESG High Yield Corporate Bond ETF by 82.2% during the first quarter. AdvisorNet Financial Inc now owns 1,574 shares of the company’s stock valued at $33,000 after acquiring an additional 710 shares during the last quarter. RMG Wealth Management LLC raised its position in Nuveen ESG High Yield Corporate Bond ETF by 43.7% in the 3rd quarter. RMG Wealth Management LLC now owns 11,643 shares of the company’s stock worth $252,000 after purchasing an additional 3,540 shares during the period. Legacy Financial Advisors Inc. lifted its stake in Nuveen ESG High Yield Corporate Bond ETF by 9.9% in the fourth quarter. Legacy Financial Advisors Inc. now owns 14,087 shares of the company’s stock worth $304,000 after purchasing an additional 1,274 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Nuveen ESG High Yield Corporate Bond ETF by 42,942.6% in the third quarter. JPMorgan Chase & Co. now owns 26,256 shares of the company’s stock worth $572,000 after purchasing an additional 26,195 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its position in Nuveen ESG High Yield Corporate Bond ETF by 79.7% during the third quarter. GPS Wealth Strategies Group LLC now owns 29,585 shares of the company’s stock valued at $644,000 after buying an additional 13,122 shares during the period.

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.