Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Sees Significant Increase in Short Interest

Nuveen Growth Opportunities ETF (NYSEARCA:NUGOGet Free Report) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 158,172 shares, a growth of 12,584.2% from the June 15th total of 1,247 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 456,173 shares, the short-interest ratio is currently 0.3 days.

Nuveen Growth Opportunities ETF Price Performance

Shares of Nuveen Growth Opportunities ETF stock traded up $0.28 on Friday, reaching $43.48. The company had a trading volume of 12,159 shares, compared to its average volume of 115,124. The firm has a market cap of $2.58 billion, a price-to-earnings ratio of 40.41 and a beta of 1.16. The firm’s 50-day moving average price is $42.77 and its two-hundred day moving average price is $40.07. Nuveen Growth Opportunities ETF has a 1 year low of $34.28 and a 1 year high of $44.54.

Nuveen Growth Opportunities ETF Company Profile

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The Nuveen Growth Opportunities ETF (NUGO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in large-cap US stocks selected for growth, quality, and value factors. The fund utilizes the Natixis\u002FNYSE non-transparent model. NUGO was launched on Sep 27, 2021 and is managed by Nuveen.

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