Short Interest in Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) Declines By 91.4%

Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 3,217 shares, a decline of 91.4% from the April 30th total of 37,555 shares. Based on an average daily trading volume, of 11,004 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Nuveen Enhanced Yield U.S. Aggregate Bond ETF Trading Up 0.1%

Shares of NYSEARCA NUAG traded up $0.02 during midday trading on Wednesday, hitting $20.98. The company’s stock had a trading volume of 6,180 shares, compared to its average volume of 33,384. Nuveen Enhanced Yield U.S. Aggregate Bond ETF has a 1-year low of $20.58 and a 1-year high of $21.51. The firm’s fifty day moving average price is $21.00 and its 200-day moving average price is $21.17.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nuveen Enhanced Yield U.S. Aggregate Bond ETF stock. Flow Traders U.S. LLC purchased a new stake in Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NYSEARCA:NUAG) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 40,354 shares of the company’s stock, valued at approximately $860,000. Flow Traders U.S. LLC owned 1.35% of Nuveen Enhanced Yield U.S. Aggregate Bond ETF as of its most recent filing with the SEC.

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.