Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Stock Short Interest Report for October

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 47,397 shares, a decline of 46.6% from the September 30th total of 88,702 shares. Based on an average daily volume of 100,810 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Nuveen AMT-Free Municipal Value Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Stephens Inc. AR boosted its holdings in shares of Nuveen AMT-Free Municipal Value Fund by 5.8% during the 1st quarter. Stephens Inc. AR now owns 18,180 shares of the company’s stock valued at $261,000 after acquiring an additional 1,000 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Nuveen AMT-Free Municipal Value Fund by 0.9% during the first quarter. Bank of America Corp DE now owns 155,713 shares of the company’s stock valued at $2,231,000 after purchasing an additional 1,409 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Nuveen AMT-Free Municipal Value Fund by 4.1% during the first quarter. Kestra Advisory Services LLC now owns 40,247 shares of the company’s stock valued at $577,000 after purchasing an additional 1,593 shares during the last quarter. Van ECK Associates Corp lifted its position in Nuveen AMT-Free Municipal Value Fund by 3.6% during the second quarter. Van ECK Associates Corp now owns 150,849 shares of the company’s stock valued at $2,169,000 after purchasing an additional 5,184 shares during the period. Finally, Fifth Third Bancorp bought a new position in Nuveen AMT-Free Municipal Value Fund during the first quarter valued at approximately $79,000.

Nuveen AMT-Free Municipal Value Fund Stock Performance

Nuveen AMT-Free Municipal Value Fund stock traded up $0.23 during mid-day trading on Friday, reaching $13.72. The company had a trading volume of 269,133 shares, compared to its average volume of 54,714. Nuveen AMT-Free Municipal Value Fund has a fifty-two week low of $12.70 and a fifty-two week high of $14.70. The business has a fifty day simple moving average of $13.40 and a 200 day simple moving average of $14.03.

Nuveen AMT-Free Municipal Value Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 15th will be given a dividend of $0.0485 per share. The ex-dividend date is Thursday, October 15th. This represents a $0.58 annualized dividend and a dividend yield of 4.2%.

Nuveen AMT-Free Municipal Value Fund Company Profile

Nuveen AMT-Free Municipal Value Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol NUW. The fund seeks to provide current income exempt from regular federal income tax, with capital appreciation as a secondary objective.

The fund invests primarily in municipal securities issued by states, cities, counties, and other public entities across the United States. Its portfolio may include bonds used to finance public infrastructure and services, such as schools, transportation systems, utilities, health care facilities, and other governmental or community projects.