Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) Short Interest Up 194.2% in January

Nuveen High Yield Municipal Income ETF (NYSEARCA:NHYM) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 69,279 shares, an increase of 194.2% from the December 31st total of 23,548 shares. Based on an average daily volume of 13,437 shares, the short-interest ratio is presently 5.2 days. Approximately 1.5% of the company’s shares are sold short. Approximately 1.5% of the company’s shares are sold short. Based on an average daily volume of 13,437 shares, the short-interest ratio is presently 5.2 days.

Nuveen High Yield Municipal Income ETF Stock Down 0.1%

NHYM opened at $24.90 on Thursday. Nuveen High Yield Municipal Income ETF has a one year low of $23.38 and a one year high of $25.49. The business has a 50 day simple moving average of $24.88 and a two-hundred day simple moving average of $24.55.

About Nuveen High Yield Municipal Income ETF

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