Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Short Interest Update

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 7,900 shares, a decline of 36.8% from the August 31st total of 12,500 shares. Based on an average daily trading volume, of 42,500 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 42,500 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Nuveen AMT-Free Municipal Value Fund

A number of hedge funds have recently made changes to their positions in NUW. Smartleaf Asset Management LLC purchased a new stake in shares of Nuveen AMT-Free Municipal Value Fund in the 2nd quarter worth approximately $1,693,000. Thomas J. Herzfeld Advisors Inc. bought a new position in shares of Nuveen AMT-Free Municipal Value Fund during the second quarter valued at $704,000. 1607 Capital Partners LLC raised its position in shares of Nuveen AMT-Free Municipal Value Fund by 3.9% in the 1st quarter. 1607 Capital Partners LLC now owns 1,303,138 shares of the company’s stock worth $17,905,000 after purchasing an additional 48,745 shares during the last quarter. Breakwater Capital Group boosted its stake in Nuveen AMT-Free Municipal Value Fund by 184.4% in the 2nd quarter. Breakwater Capital Group now owns 51,557 shares of the company’s stock worth $705,000 after purchasing an additional 33,428 shares in the last quarter. Finally, SFI Advisors LLC purchased a new stake in Nuveen AMT-Free Municipal Value Fund during the 1st quarter valued at about $443,000.

Nuveen AMT-Free Municipal Value Fund Trading Down 0.2%

Shares of Nuveen AMT-Free Municipal Value Fund stock opened at $14.18 on Tuesday. Nuveen AMT-Free Municipal Value Fund has a 1 year low of $13.04 and a 1 year high of $14.31. The company has a 50-day moving average of $13.85 and a 200 day moving average of $13.69.

Nuveen AMT-Free Municipal Value Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Wednesday, October 15th will be issued a dividend of $0.0485 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Wednesday, October 15th.

About Nuveen AMT-Free Municipal Value Fund

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.