Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) Sees Large Decrease in Short Interest

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 37,100 shares, a drop of 43.9% from the January 31st total of 66,100 shares. Based on an average daily volume of 180,300 shares, the short-interest ratio is currently 0.2 days.

Nuveen S&P 500 Buy-Write Income Fund Price Performance

Shares of BXMX stock traded down $0.16 during trading hours on Monday, reaching $13.70. The company had a trading volume of 185,135 shares, compared to its average volume of 178,251. Nuveen S&P 500 Buy-Write Income Fund has a 12-month low of $12.45 and a 12-month high of $14.34. The stock has a fifty day moving average of $14.02 and a 200-day moving average of $13.81.

Insider Buying and Selling at Nuveen S&P 500 Buy-Write Income Fund

In other Nuveen S&P 500 Buy-Write Income Fund news, VP David J. Lamb sold 3,000 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $14.20, for a total value of $42,600.00. Following the completion of the sale, the vice president now owns 806 shares in the company, valued at approximately $11,445.20. This represents a 78.82 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Institutional Trading of Nuveen S&P 500 Buy-Write Income Fund

Several large investors have recently added to or reduced their stakes in the stock. Baird Financial Group Inc. grew its holdings in shares of Nuveen S&P 500 Buy-Write Income Fund by 2.6% in the fourth quarter. Baird Financial Group Inc. now owns 30,257 shares of the financial services provider’s stock valued at $423,000 after purchasing an additional 755 shares during the period. Private Trust Co. NA grew its stake in shares of Nuveen S&P 500 Buy-Write Income Fund by 39.4% in the 4th quarter. Private Trust Co. NA now owns 3,539 shares of the financial services provider’s stock valued at $50,000 after buying an additional 1,000 shares during the period. Commerce Bank lifted its stake in shares of Nuveen S&P 500 Buy-Write Income Fund by 6.7% in the 4th quarter. Commerce Bank now owns 15,819 shares of the financial services provider’s stock valued at $221,000 after purchasing an additional 1,000 shares during the last quarter. Prospera Financial Services Inc boosted its stake in Nuveen S&P 500 Buy-Write Income Fund by 1.2% during the third quarter. Prospera Financial Services Inc now owns 96,371 shares of the financial services provider’s stock worth $1,322,000 after buying an additional 1,116 shares during the period. Finally, Instrumental Wealth LLC increased its holdings in Nuveen S&P 500 Buy-Write Income Fund by 5.0% in the 4th quarter. Instrumental Wealth LLC now owns 23,840 shares of the financial services provider’s stock valued at $336,000 after purchasing an additional 1,136 shares during the last quarter.

Nuveen S&P 500 Buy-Write Income Fund Company Profile

Nuveen S&P 500 Buy-Write Income Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc It is co-managed by Nuveen Fund Advisors LLC and Gateway Investment Advisers, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.