Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Short Interest Update

by · The Markets Daily

Nuveen Ultra Short Income ETF (NASDAQ:NUSB – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,209 shares, an increase of 1,280.6% from the August 31st total of 160 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 10,287 shares, the days-to-cover ratio is presently 0.2 days.

Nuveen Ultra Short Income ETF Stock Performance

NASDAQ:NUSB traded down $0.00 during midday trading on Thursday, hitting $25.20. 24 shares of the company traded hands, compared to its average volume of 1,791. The firm’s fifty day moving average is $25.22 and its 200-day moving average is $25.23. Nuveen Ultra Short Income ETF has a 12-month low of $25.17 and a 12-month high of $25.66.

Nuveen Ultra Short Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Tuesday, September 1st were given a dividend of $0.0836 per share. This represents a $1.00 dividend on an annualized basis and a yield of 4.0%. This is a negative change from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.0879. The ex-dividend date was Tuesday, September 1st.

Nuveen Ultra Short Income ETF Company Profile

(Get Free Report)

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.

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