Short Interest in Nuveen Senior Income Fund (NYSE:NSL) Declines By 36.2%

Nuveen Senior Income Fund (NYSE:NSLGet Rating) was the recipient of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 47,800 shares, a drop of 36.2% from the May 15th total of 74,900 shares. Based on an average trading volume of 170,300 shares, the short-interest ratio is currently 0.3 days.

Nuveen Senior Income Fund stock opened at $5.07 on Monday. The stock’s fifty day moving average price is $5.25 and its two-hundred day moving average price is $5.60. Nuveen Senior Income Fund has a one year low of $4.86 and a one year high of $6.13.

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 1st. Shareholders of record on Wednesday, June 15th will be paid a dividend of $0.034 per share. The ex-dividend date of this dividend is Tuesday, June 14th. This represents a $0.41 dividend on an annualized basis and a yield of 8.05%.

Institutional investors have recently bought and sold shares of the business. Segantii Capital Management Ltd bought a new position in Nuveen Senior Income Fund during the 4th quarter worth $48,000. Spire Wealth Management bought a new position in Nuveen Senior Income Fund during the 4th quarter worth $60,000. Nwam LLC bought a new position in Nuveen Senior Income Fund during the 1st quarter worth $69,000. Sequoia Financial Advisors LLC bought a new position in Nuveen Senior Income Fund during the 4th quarter worth $69,000. Finally, Geneos Wealth Management Inc. increased its stake in shares of Nuveen Senior Income Fund by 24.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 17,718 shares of the investment management company’s stock valued at $104,000 after purchasing an additional 3,449 shares during the last quarter.

About Nuveen Senior Income Fund (Get Rating)

Nuveen Senior Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc It is managed by Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate U.S dollar-denominated secured Senior Loans. Nuveen Senior Income Fund was formed on October 26, 1999 and is domiciled in the United States.

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