Short Interest in Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) Expands By 537.3%

Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 12,052 shares, a growth of 537.3% from the June 15th total of 1,891 shares. Based on an average daily trading volume, of 9,861 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.3% of the company’s shares are sold short.

Nuveen Enhanced Yield U.S. Aggregate Bond ETF Price Performance

NUAG traded down $0.05 during mid-day trading on Monday, hitting $20.77. 4,018 shares of the stock were exchanged, compared to its average volume of 28,128. The firm’s fifty day moving average is $20.94 and its two-hundred day moving average is $21.10. Nuveen Enhanced Yield U.S. Aggregate Bond ETF has a 1-year low of $20.70 and a 1-year high of $21.51.

Institutional Trading of Nuveen Enhanced Yield U.S. Aggregate Bond ETF

An institutional investor recently bought a new position in Nuveen Enhanced Yield U.S. Aggregate Bond ETF stock. Flow Traders U.S. LLC bought a new position in shares of Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 40,354 shares of the company’s stock, valued at approximately $860,000. Flow Traders U.S. LLC owned approximately 1.35% of Nuveen Enhanced Yield U.S. Aggregate Bond ETF at the end of the most recent reporting period.

About Nuveen Enhanced Yield U.S. Aggregate Bond ETF

The Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a US broad-market investment-grade bond index, overweighting market segments with higher yield potential while maintaining the overall risk and credit profile of the broad market. NUAG was launched on Sep 14, 2016 and is managed by Nuveen.