NUVEEN SL TFIP (NYSE:NXP) Sees Significant Growth in Short Interest

NUVEEN SL TFIP (NYSE:NXP) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 66,200 shares, anincreaseof29.8% from the July 15th total of 51,000 shares. Based on an average trading volume of 108,500 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 108,500 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of NUVEEN SL TFIP

Institutional investors have recently modified their holdings of the company. NBC Securities Inc. boosted its holdings in shares of NUVEEN SL TFIP by 199,400.0% in the 1st quarter. NBC Securities Inc. now owns 1,995 shares of the financial services provider’s stock valued at $28,000 after buying an additional 1,994 shares in the last quarter. Opal Wealth Advisors LLC bought a new stake in shares of NUVEEN SL TFIP in the 1st quarter valued at about $37,000. Sound Income Strategies LLC bought a new stake in shares of NUVEEN SL TFIP in the 2nd quarter valued at about $47,000. Ameritas Advisory Services LLC bought a new stake in shares of NUVEEN SL TFIP in the 2nd quarter valued at about $56,000. Finally, Elequin Capital LP bought a new stake in shares of NUVEEN SL TFIP in the 1st quarter valued at about $84,000. 16.17% of the stock is currently owned by institutional investors.

NUVEEN SL TFIP Trading Up 0.0%

Shares of NUVEEN SL TFIP stock opened at $13.9250 on Friday. NUVEEN SL TFIP has a 1 year low of $13.30 and a 1 year high of $15.25. The firm’s 50-day moving average is $13.92 and its two-hundred day moving average is $14.12.

NUVEEN SL TFIP Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be issued a $0.052 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Friday, August 15th.

About NUVEEN SL TFIP

Nuveen Select Tax-Free Income Portfolio 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 United States. The fund invests in the investment-grade municipal securities rated Baa and BBB or better.