Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Sees Significant Growth in Short Interest

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 2,440 shares, a growth of 908.3% from the December 31st total of 242 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 16,520 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 16,520 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Nuveen Growth Opportunities ETF Price Performance

NYSEARCA NUGO traded down $0.49 during midday trading on Thursday, hitting $39.61. 1,316 shares of the company traded hands, compared to its average volume of 10,607. Nuveen Growth Opportunities ETF has a 52 week low of $26.01 and a 52 week high of $41.85. The company’s 50-day simple moving average is $39.80 and its 200-day simple moving average is $39.11. The company has a market cap of $2.73 billion, a PE ratio of 40.41 and a beta of 1.13.

Nuveen Growth Opportunities ETF Company Profile

The Nuveen Growth Opportunities ETF (NUGO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in large-cap US stocks selected for growth, quality, and value factors. The fund utilizes the Natixis\u002FNYSE non-transparent model. NUGO was launched on Sep 27, 2021 and is managed by Nuveen.