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

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,003 shares, a decline of 72.8% from the April 30th total of 3,690 shares. Based on an average trading volume of 12,128 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. AdvisorNet Financial Inc boosted its position in shares of 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 buying an additional 710 shares during the period. Legacy Financial Advisors Inc. boosted its position in shares of Nuveen ESG High Yield Corporate Bond ETF by 9.9% during the fourth quarter. Legacy Financial Advisors Inc. now owns 14,087 shares of the company’s stock valued at $304,000 after buying an additional 1,274 shares during the period. Olde Wealth Management LLC boosted its position in shares of Nuveen ESG High Yield Corporate Bond ETF by 10.1% during the fourth quarter. Olde Wealth Management LLC now owns 35,472 shares of the company’s stock valued at $766,000 after buying an additional 3,264 shares during the period. RMG Wealth Management LLC purchased a new position in shares of Nuveen ESG High Yield Corporate Bond ETF during the first quarter valued at approximately $253,000. Finally, GPS Wealth Strategies Group LLC boosted its position in shares of 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 Price Performance

Shares of NYSEARCA:NUHY traded up $0.06 during trading on Friday, hitting $21.49. The company had a trading volume of 17,552 shares, compared to its average volume of 29,847. The company has a fifty day simple moving average of $21.31 and a two-hundred day simple moving average of $21.50. Nuveen ESG High Yield Corporate Bond ETF has a one year low of $20.92 and a one year high of $21.85.

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.