Nuveen Dividend Growth ETF (NYSEARCA:NDVG) Short Interest Up 1,263.8% in December

Nuveen Dividend Growth ETF (NYSEARCA:NDVG) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 1,091 shares, an increase of 1,263.8% from the November 30th total of 80 shares. Based on an average daily trading volume, of 689 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.3% of the company’s shares are short sold. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 689 shares, the days-to-cover ratio is currently 1.6 days.

Hedge Funds Weigh In On Nuveen Dividend Growth ETF

An institutional investor recently raised its position in Nuveen Dividend Growth ETF stock. Forefront Wealth Partners LLC increased its stake in shares of Nuveen Dividend Growth ETF (NYSEARCA:NDVG) by 35.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 101,021 shares of the company’s stock after purchasing an additional 26,311 shares during the quarter. Nuveen Dividend Growth ETF makes up approximately 2.2% of Forefront Wealth Partners LLC’s portfolio, making the stock its 10th largest position. Forefront Wealth Partners LLC owned about 26.58% of Nuveen Dividend Growth ETF worth $3,313,000 as of its most recent SEC filing.

Nuveen Dividend Growth ETF Stock Performance

Shares of NYSEARCA:NDVG traded up $0.16 during mid-day trading on Wednesday, hitting $35.73. The stock had a trading volume of 33 shares, compared to its average volume of 2,030. Nuveen Dividend Growth ETF has a 12-month low of $28.27 and a 12-month high of $36.23. The company has a market cap of $13.22 million, a PE ratio of 26.32 and a beta of 0.85. The company’s 50 day moving average is $35.40 and its 200-day moving average is $34.85.

Nuveen Dividend Growth ETF Company Profile

The Nuveen Dividend Growth ETF (NDVG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent ETF that primarily holds dividend-paying equities from around the globe. The fund utilizes the Natixis\u002FNYSE non-transparent model. NDVG was launched on Aug 4, 2021 and is managed by Nuveen.