Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Sees Significant Increase in Short Interest

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 510,417 shares, a growth of 1,480.7% from the August 31st total of 32,290 shares. Approximately 3.2% of the company’s stock are short sold. Based on an average trading volume of 75,886 shares, the short-interest ratio is presently 6.7 days.

Nuveen ESG International Developed Markets Equity ETF Stock Down 0.0%

Shares of NUDM traded down $0.01 during mid-day trading on Thursday, hitting $39.93. 34,400 shares of the company’s stock were exchanged, compared to its average volume of 60,568. The stock has a market cap of $634.89 million, a price-to-earnings ratio of 16.48 and a beta of 0.86. The firm has a fifty day moving average of $40.70 and a two-hundred day moving average of $39.15. Nuveen ESG International Developed Markets Equity ETF has a twelve month low of $34.70 and a twelve month high of $41.79.

Hedge Funds Weigh In On Nuveen ESG International Developed Markets Equity ETF

Hedge funds have recently bought and sold shares of the business. One Capital Management LLC bought a new position in Nuveen ESG International Developed Markets Equity ETF during the fourth quarter valued at about $455,000. Burns J W & Co. Inc. NY bought a new stake in shares of Nuveen ESG International Developed Markets Equity ETF during the 1st quarter worth about $397,000. Finally, Continuum Advisory LLC boosted its stake in shares of Nuveen ESG International Developed Markets Equity ETF by 16.3% during the 4th quarter. Continuum Advisory LLC now owns 8,372 shares of the company’s stock worth $303,000 after acquiring an additional 1,173 shares in the last quarter.

About Nuveen ESG International Developed Markets Equity ETF

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.