Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Short Interest Down 93.6% in July

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 139 shares, a decline of 93.6% from the July 15th total of 2,173 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 477 shares, the days-to-cover ratio is currently 0.3 days.

Nuveen Ultra Short Income ETF Stock Performance

Nuveen Ultra Short Income ETF stock traded down $0.01 during mid-day trading on Wednesday, hitting $25.20. 15 shares of the company were exchanged, compared to its average volume of 1,393. The business has a fifty day moving average of $25.22 and a 200 day moving average of $25.24. Nuveen Ultra Short Income ETF has a 1-year low of $25.17 and a 1-year high of $25.66.

Nuveen Ultra Short Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, August 4th. Investors of record on Monday, August 3rd were issued a dividend of $0.0879 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from Nuveen Ultra Short Income ETF’s previous dividend of $0.08.

About Nuveen Ultra Short Income ETF

The Nuveen Ultra Short Income ETF (NUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an ultra short-term portfolio of USD-denominated, income-producing fixed income securities primarily rated investment grade. The actively managed fund seeks to provide total return consistent with capital preservation. NUSB was launched on Mar 5, 2024 and is issued by Nuveen.