Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Sees Large Growth in Short Interest

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 2,044 shares, a growth of 115.4% from the August 15th total of 949 shares. Based on an average trading volume of 19,104 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Nuveen Core Plus Bond ETF Stock Performance

Shares of NCPB traded down $0.01 during trading hours on Tuesday, hitting $24.25. The stock had a trading volume of 6,068 shares, compared to its average volume of 6,078. The firm has a 50-day moving average price of $24.59 and a 200 day moving average price of $24.86. Nuveen Core Plus Bond ETF has a fifty-two week low of $24.21 and a fifty-two week high of $25.74.

Nuveen Core Plus Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 2nd. Investors of record on Tuesday, September 1st were issued a $0.1033 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 5.1%.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Nuveen Core Plus Bond ETF stock. Godfrey Financial Associates Inc. acquired a new stake in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,416 shares of the company’s stock, valued at approximately $36,000. Godfrey Financial Associates Inc. owned approximately 0.06% of Nuveen Core Plus Bond ETF as of its most recent filing with the Securities and Exchange Commission.

About Nuveen Core Plus Bond ETF

The Nuveen Core Plus Bond ETF (NCPB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is active, investing in a diversified mix of high-quality and below investment grade securities to optimize returns and manage risks. NCPB was launched on Mar 5, 2024 and is issued by Nuveen.