Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Sees Large Drop in Short Interest

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 139 shares, a decrease of 93.6% from the July 15th total of 2,173 shares. Based on an average daily trading volume, of 477 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Nuveen Ultra Short Income ETF Price Performance

Nuveen Ultra Short Income ETF stock remained flat at $25.21 during mid-day trading on Thursday. 476 shares of the company’s stock were exchanged, compared to its average volume of 1,379. Nuveen Ultra Short Income ETF has a 12 month low of $25.17 and a 12 month high of $25.66. The stock’s fifty day simple moving average is $25.22 and its two-hundred day simple moving average is $25.24.

Nuveen Ultra Short Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, August 4th. Stockholders of record on Monday, August 3rd were given a dividend of $0.0879 per share. This is an increase from Nuveen Ultra Short Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Monday, August 3rd.

About Nuveen Ultra Short Income ETF

The Nuveen Ultra Short Income ETF (NUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an ultra short-term portfolio of USD-denominated, income-producing fixed income securities primarily rated investment grade. The actively managed fund seeks to provide total return consistent with capital preservation. NUSB was launched on Mar 5, 2024 and is issued by Nuveen.