Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Short Interest Up 143.0% in March

Nuveen Municipal Value Fund, Inc. (NYSE:NUVGet Rating) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 322,400 shares, an increase of 143.0% from the March 15th total of 132,700 shares. Based on an average trading volume of 545,200 shares, the short-interest ratio is presently 0.6 days.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Chilton Capital Management LLC purchased a new position in shares of Nuveen Municipal Value Fund during the 4th quarter worth $26,000. Annapolis Financial Services LLC purchased a new position in shares of Nuveen Municipal Value Fund during the 3rd quarter worth $42,000. Rockefeller Capital Management L.P. raised its holdings in shares of Nuveen Municipal Value Fund by 312.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 3,769 shares of the closed-end fund’s stock worth $42,000 after acquiring an additional 2,856 shares during the period. Segantii Capital Management Ltd purchased a new position in shares of Nuveen Municipal Value Fund during the 4th quarter worth $49,000. Finally, TFO TDC LLC purchased a new stake in Nuveen Municipal Value Fund in the 4th quarter valued at about $52,000. Institutional investors and hedge funds own 13.18% of the company’s stock.

NYSE NUV opened at $9.24 on Friday. Nuveen Municipal Value Fund has a 52 week low of $9.17 and a 52 week high of $11.94. The business’s fifty day simple moving average is $9.58 and its 200-day simple moving average is $10.27.

The business also recently declared a monthly dividend, which will be paid on Monday, May 2nd. Stockholders of record on Thursday, April 14th will be issued a dividend of $0.028 per share. The ex-dividend date is Wednesday, April 13th. This represents a $0.34 annualized dividend and a dividend yield of 3.64%.

Nuveen Municipal Value Fund Company Profile (Get Rating)

Nuveen Municipal Value Fund, Inc is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund also invests some portion of its portfolio in derivative instruments.

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