Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Short Interest Down 68.1% in May

Nuveen AMT-Free Municipal Value Fund (NYSE:NUWGet Rating) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 4,500 shares, a decline of 68.1% from the April 30th total of 14,100 shares. Based on an average daily volume of 39,200 shares, the short-interest ratio is currently 0.1 days.

A number of institutional investors and hedge funds have recently bought and sold shares of NUW. Integrated Capital Management Inc. increased its position in Nuveen AMT-Free Municipal Value Fund by 6.9% during the 4th quarter. Integrated Capital Management Inc. now owns 11,029 shares of the company’s stock worth $182,000 after purchasing an additional 708 shares during the period. HighTower Advisors LLC grew its holdings in shares of Nuveen AMT-Free Municipal Value Fund by 6.7% in the 3rd quarter. HighTower Advisors LLC now owns 15,767 shares of the company’s stock worth $270,000 after acquiring an additional 992 shares during the period. LPL Financial LLC grew its holdings in shares of Nuveen AMT-Free Municipal Value Fund by 2.5% in the 4th quarter. LPL Financial LLC now owns 47,399 shares of the company’s stock worth $786,000 after acquiring an additional 1,144 shares during the period. Royal Bank of Canada grew its holdings in shares of Nuveen AMT-Free Municipal Value Fund by 2.2% in the 3rd quarter. Royal Bank of Canada now owns 58,075 shares of the company’s stock worth $990,000 after acquiring an additional 1,271 shares during the period. Finally, Access Financial Services Inc. grew its holdings in shares of Nuveen AMT-Free Municipal Value Fund by 4.3% in the 1st quarter. Access Financial Services Inc. now owns 41,476 shares of the company’s stock worth $612,000 after acquiring an additional 1,716 shares during the period.

Shares of Nuveen AMT-Free Municipal Value Fund stock traded up $0.09 on Thursday, hitting $14.24. The stock had a trading volume of 261 shares, compared to its average volume of 37,951. The company’s 50 day moving average price is $14.43 and its 200 day moving average price is $15.56. Nuveen AMT-Free Municipal Value Fund has a 52-week low of $13.65 and a 52-week high of $17.77.

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, June 1st. Shareholders of record on Friday, May 13th will be paid a dividend of $0.039 per share. This represents a $0.47 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend is Thursday, May 12th.

Nuveen AMT-Free Municipal Value Fund Company Profile (Get Rating)

Nuveen AMT-Free Municipal Value Fund is a close-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 fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors.

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