Nuveen Preferred and Income ETF (NASDAQ:NPFI) Short Interest Update

Nuveen Preferred and Income ETF (NASDAQ:NPFI) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 15,100 shares, an increase of 843.8% from the August 15th total of 1,600 shares. Based on an average trading volume of 5,000 shares, the days-to-cover ratio is currently 3.0 days.

Nuveen Preferred and Income ETF Stock Performance

NPFI stock traded up $0.03 during midday trading on Friday, reaching $25.88. The company’s stock had a trading volume of 290 shares, compared to its average volume of 7,405. Nuveen Preferred and Income ETF has a 52 week low of $24.99 and a 52 week high of $25.89. The stock’s 50-day moving average price is $25.62.

Nuveen Preferred and Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.1081 per share. The ex-dividend date was Tuesday, September 3rd. This represents a $1.30 dividend on an annualized basis and a dividend yield of 5.01%.

About Nuveen Preferred and Income ETF

The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return.