Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Sees Large Increase in Short Interest

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 32,652 shares, a growth of 23.0% from the December 15th total of 26,536 shares. Based on an average daily trading volume, of 37,723 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 37,723 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Trading of Nuveen AMT-Free Municipal Value Fund

Several large investors have recently bought and sold shares of NUW. Traub Capital Management LLC acquired a new position in shares of Nuveen AMT-Free Municipal Value Fund during the 2nd quarter worth $65,000. Nomura Holdings Inc. purchased a new position in Nuveen AMT-Free Municipal Value Fund during the 2nd quarter valued at about $137,000. Disciplined Investments LLC acquired a new position in Nuveen AMT-Free Municipal Value Fund during the third quarter worth about $143,000. Ameriprise Financial Inc. acquired a new position in Nuveen AMT-Free Municipal Value Fund during the second quarter worth about $164,000. Finally, Aviance Capital Partners LLC purchased a new stake in shares of Nuveen AMT-Free Municipal Value Fund in the third quarter valued at about $184,000.

Nuveen AMT-Free Municipal Value Fund Stock Down 0.4%

Shares of Nuveen AMT-Free Municipal Value Fund stock opened at $14.31 on Wednesday. The company has a 50-day moving average of $14.31 and a two-hundred day moving average of $14.07. Nuveen AMT-Free Municipal Value Fund has a 12-month low of $13.04 and a 12-month high of $14.55.

Nuveen AMT-Free Municipal Value Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 15th will be issued a dividend of $0.0485 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a c) annualized dividend and a yield of 4.1%.

Nuveen AMT-Free Municipal Value Fund Company Profile

Nuveen AMT-Free Municipal Value Fund (NYSE: NUW) is a closed-end management investment company that seeks to provide shareholders with regular income exempt from federal alternative minimum tax. The fund primarily invests in municipal obligations issued by U.S. state and local governments, including general obligation bonds, revenue bonds and notes. By focusing on instruments that are free from federal AMT, the fund targets investors looking for tax-advantaged income in a structured, professionally managed vehicle.

Since its inception in September 2008, NUW has employed an active management approach, aiming to build a diversified portfolio of investment-grade municipal securities.