Short Interest in Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Declines By 51.8%

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 9,922 shares, a decline of 51.8% from the May 31st total of 20,581 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 40,441 shares, the short-interest ratio is currently 0.2 days.

Nuveen ESG International Developed Markets Equity ETF Stock Performance

Shares of NUDM stock opened at $39.65 on Thursday. The company has a market capitalization of $630.43 million, a P/E ratio of 16.48 and a beta of 0.86. Nuveen ESG International Developed Markets Equity ETF has a fifty-two week low of $34.51 and a fifty-two week high of $40.27. The stock has a 50 day moving average price of $38.87 and a two-hundred day moving average price of $38.00.

Institutional Investors Weigh In On Nuveen ESG International Developed Markets Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Burns J W & Co. Inc. NY bought a new stake in Nuveen ESG International Developed Markets Equity ETF in the 1st quarter worth $397,000. Advisory Services Network LLC boosted its holdings in shares of Nuveen ESG International Developed Markets Equity ETF by 34.8% during the fourth quarter. Advisory Services Network LLC now owns 84,356 shares of the company’s stock worth $3,055,000 after purchasing an additional 21,793 shares during the period. Continuum Advisory LLC boosted its holdings in shares of Nuveen ESG International Developed Markets Equity ETF by 16.3% during the fourth quarter. Continuum Advisory LLC now owns 8,372 shares of the company’s stock worth $303,000 after purchasing an additional 1,173 shares during the period. One Capital Management LLC bought a new stake in shares of Nuveen ESG International Developed Markets Equity ETF in the fourth quarter worth about $455,000. Finally, Prism Advisors Inc. grew its stake in shares of Nuveen ESG International Developed Markets Equity ETF by 1.7% in the fourth quarter. Prism Advisors Inc. now owns 30,107 shares of the company’s stock worth $1,090,000 after purchasing an additional 515 shares during the last quarter.

Nuveen ESG International Developed Markets Equity ETF Company Profile

The Nuveen ESG International Developed Markets Equity ETF (NUDM) is an exchange-traded fund that is based on the MSCI TIAA ESG International DM index. The fund tracks an index of companies from developed countries, excluding the US and Canada, that align with various environmental, social, and governance principles. NUDM was launched on Jun 7, 2017 and is managed by Nuveen.