Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Short Interest Update

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,209 shares, an increase of 1,280.6% from the August 31st total of 160 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 10,287 shares, the short-interest ratio is presently 0.2 days.

Nuveen Ultra Short Income ETF Stock Down 0.0%

Shares of NASDAQ:NUSB traded down $0.00 during trading hours on Thursday, hitting $25.20. 24 shares of the company’s stock traded hands, compared to its average volume of 1,791. The business has a fifty day moving average price of $25.22 and a 200-day moving average price of $25.23. Nuveen Ultra Short Income ETF has a 1 year low of $25.17 and a 1 year high of $25.66.

Nuveen Ultra Short Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 2nd. Investors of record on Tuesday, September 1st were paid a dividend of $0.0836 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.0%. This is a decrease from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.0879.

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.