Short Interest in Nuveen Emerging Markets Debt 2022 Target Term Fund (NYSE:JEMD) Decreases By 80.3%

Nuveen Emerging Markets Debt 2022 Target Term Fund (NYSE:JEMDGet Rating) was the target of a large decline in short interest in April. As of April 30th, there was short interest totalling 1,200 shares, a decline of 80.3% from the April 15th total of 6,100 shares. Based on an average daily volume of 50,700 shares, the days-to-cover ratio is presently 0.0 days.

A number of hedge funds have recently made changes to their positions in JEMD. Citadel Advisors LLC bought a new stake in shares of Nuveen Emerging Markets Debt 2022 Target Term Fund in the 2nd quarter worth about $90,000. Landscape Capital Management L.L.C. bought a new stake in shares of Nuveen Emerging Markets Debt 2022 Target Term Fund in the 4th quarter worth about $96,000. Millennium Management LLC bought a new stake in shares of Nuveen Emerging Markets Debt 2022 Target Term Fund in the 4th quarter worth about $138,000. Raymond James & Associates increased its holdings in shares of Nuveen Emerging Markets Debt 2022 Target Term Fund by 15.3% in the 4th quarter. Raymond James & Associates now owns 20,075 shares of the company’s stock worth $152,000 after buying an additional 2,667 shares during the last quarter. Finally, Wolverine Asset Management LLC bought a new stake in shares of Nuveen Emerging Markets Debt 2022 Target Term Fund in the 4th quarter worth about $176,000.

JEMD stock traded up $0.03 during mid-day trading on Wednesday, hitting $6.85. The company had a trading volume of 26,617 shares, compared to its average volume of 52,823. Nuveen Emerging Markets Debt 2022 Target Term Fund has a 12-month low of $6.61 and a 12-month high of $8.39. The firm’s 50-day moving average price is $6.91.

The business also recently declared a monthly dividend, which will be paid on Wednesday, June 1st. Shareholders of record on Friday, May 13th will be paid a $0.0305 dividend. This represents a $0.37 annualized dividend and a yield of 5.34%. The ex-dividend date is Thursday, May 12th.

About Nuveen Emerging Markets Debt 2022 Target Term Fund (Get Rating)

Nuveen Emerging Markets Debt 2022 Target Term Fund seeks to provide a high level of current income and return the original $9.85 net asset value per common share on or about 1 Dec 2022.*

The Fund invests at least 80% of its Managed Assets in emerging market debt securities and may invest without limit in investment grade securities and securities rated below investment grade.

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