Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) Short Interest Update

Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 43,247 shares, a drop of 37.6% from the January 15th total of 69,279 shares. Based on an average daily trading volume, of 12,966 shares, the short-interest ratio is currently 3.3 days. Currently, 0.9% of the company’s shares are short sold. Currently, 0.9% of the company’s shares are short sold. Based on an average daily trading volume, of 12,966 shares, the short-interest ratio is currently 3.3 days.

Nuveen High Yield Municipal Income ETF Stock Performance

Shares of NHYM traded up $0.07 during midday trading on Friday, hitting $25.12. The company had a trading volume of 1,688 shares, compared to its average volume of 10,356. Nuveen High Yield Municipal Income ETF has a 1 year low of $23.38 and a 1 year high of $25.49. The company’s 50-day simple moving average is $24.88 and its 200-day simple moving average is $24.63.

Nuveen High Yield Municipal Income ETF Company Profile

The Nuveen High Yield Municipal Income ETF (NHYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to provide federal tax-exempt current income through an actively managed portfolio of high-yield US municipal bonds. The fund maintains an overall weighted average maturity of greater than 10 years. NHYM was launched on Jan 22, 2025 and is issued by Nuveen.