Nuveen Municipal Income ETF (NYSEARCA:NUMI) Short Interest Update

Nuveen Municipal Income ETF (NYSEARCA:NUMI) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 13,760 shares, a drop of 55.1% from the April 30th total of 30,623 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 5,070 shares, the days-to-cover ratio is currently 2.7 days.

Nuveen Municipal Income ETF Stock Performance

NUMI stock traded up $0.06 during trading on Friday, reaching $25.19. The stock had a trading volume of 1,824 shares, compared to its average volume of 4,307. The firm has a fifty day moving average price of $25.03 and a 200 day moving average price of $25.16. Nuveen Municipal Income ETF has a 1-year low of $24.01 and a 1-year high of $25.66.

Nuveen Municipal Income ETF Company Profile

The Nuveen Municipal Income ETF (NUMI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to provide federal tax-exempt current income through an actively managed portfolio of US municipal bonds of any credit quality. The fund maintains an overall weighted average maturity of greater than 10 years. NUMI was launched on Jan 22, 2025 and is issued by Nuveen.