Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) Short Interest Update

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 103,500 shares, a decrease of 42.8% from the November 30th total of 180,900 shares. Based on an average daily volume of 636,800 shares, the short-interest ratio is presently 0.2 days.

Insider Buying and Selling at Nuveen AMT-Free Municipal Credit Income Fund

In other Nuveen AMT-Free Municipal Credit Income Fund news, VP David J. Lamb acquired 3,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were acquired at an average price of $12.44 per share, with a total value of $37,320.00. Following the completion of the transaction, the vice president now owns 3,000 shares in the company, valued at approximately $37,320. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

Institutional Investors Weigh In On Nuveen AMT-Free Municipal Credit Income Fund

Large investors have recently modified their holdings of the stock. Larson Financial Group LLC bought a new position in Nuveen AMT-Free Municipal Credit Income Fund during the second quarter valued at $39,000. Fortitude Family Office LLC bought a new position in shares of Nuveen AMT-Free Municipal Credit Income Fund during the 3rd quarter worth $44,000. Farther Finance Advisors LLC increased its holdings in Nuveen AMT-Free Municipal Credit Income Fund by 510.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,650 shares of the company’s stock worth $49,000 after acquiring an additional 3,052 shares during the last quarter. Community Bank N.A. raised its stake in Nuveen AMT-Free Municipal Credit Income Fund by 100.0% in the 3rd quarter. Community Bank N.A. now owns 4,000 shares of the company’s stock valued at $54,000 after acquiring an additional 2,000 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in Nuveen AMT-Free Municipal Credit Income Fund in the 2nd quarter valued at about $59,000.

Nuveen AMT-Free Municipal Credit Income Fund Price Performance

Shares of NYSE:NVG opened at $12.16 on Friday. The company’s 50-day moving average is $12.79 and its 200 day moving average is $12.81. Nuveen AMT-Free Municipal Credit Income Fund has a fifty-two week low of $11.36 and a fifty-two week high of $13.56.

Nuveen AMT-Free Municipal Credit Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a dividend of $0.079 per share. This represents a $0.95 dividend on an annualized basis and a dividend yield of 7.80%. The ex-dividend date of this dividend is Friday, December 13th.

About Nuveen AMT-Free Municipal Credit Income Fund

Nuveen AMT-Free Municipal Credit Income Fund 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 the United States. The fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody’s, or Fitch, and that have an average maturity of 17.02 years.