Nuveen ESG Large-Cap ETF (BATS:NULC) Short Interest Down 83.6% in May

Nuveen ESG Large-Cap ETF (BATS:NULC) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 8,840 shares, a decline of 83.6% from the April 30th total of 54,058 shares. Based on an average daily trading volume, of 2,555 shares, the short-interest ratio is presently 3.5 days. Approximately 0.9% of the company’s shares are short sold.

Nuveen ESG Large-Cap ETF Stock Performance

Shares of NULC traded up $0.24 during trading hours on Friday, hitting $53.88. The stock had a trading volume of 2,918 shares, compared to its average volume of 5,464. The firm has a market cap of $53.88 million, a P/E ratio of 26.11 and a beta of 1.01. The company’s fifty day simple moving average is $50.17 and its 200 day simple moving average is $49.79. Nuveen ESG Large-Cap ETF has a 12-month low of $45.06 and a 12-month high of $54.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NULC. Strategic Financial Concepts LLC acquired a new stake in Nuveen ESG Large-Cap ETF during the 4th quarter worth about $208,000. Kestra Advisory Services LLC bought a new position in shares of Nuveen ESG Large-Cap ETF during the 4th quarter valued at $160,000. Tower Research Capital LLC TRC grew its holdings in Nuveen ESG Large-Cap ETF by 39.0% during the second quarter. Tower Research Capital LLC TRC now owns 23,863 shares of the company’s stock valued at $1,170,000 after purchasing an additional 6,696 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in Nuveen ESG Large-Cap ETF by 49.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 24,071 shares of the company’s stock valued at $1,152,000 after acquiring an additional 7,956 shares during the period. Finally, Osaic Holdings Inc. increased its position in Nuveen ESG Large-Cap ETF by 4.0% in the 2nd quarter. Osaic Holdings Inc. now owns 8,261 shares of the company’s stock worth $405,000 after buying an additional 318 shares during the period.

About Nuveen ESG Large-Cap ETF

The Nuveen ESG Large-Cap ETF (NULC) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Large Cap index. The fund tracks a multi-factor-weighted index of large-cap companies listed on US exchanges. Holdings are screened for environmental, social, and governance criteria (ESG). NULC was launched on Jun 3, 2019 and is managed by Nuveen.