Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) Short Interest Update

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 32,900 shares, a decrease of 43.0% from the January 15th total of 57,700 shares. Based on an average daily trading volume, of 236,300 shares, the short-interest ratio is presently 0.1 days.

Nuveen New York AMT-Free Quality Municipal Income Fund Stock Up 0.4 %

Nuveen New York AMT-Free Quality Municipal Income Fund stock traded up $0.05 during midday trading on Thursday, reaching $10.64. The stock had a trading volume of 62,596 shares, compared to its average volume of 195,800. Nuveen New York AMT-Free Quality Municipal Income Fund has a 1-year low of $10.23 and a 1-year high of $11.36. The firm’s fifty day simple moving average is $10.57 and its 200-day simple moving average is $10.89.

Nuveen New York AMT-Free Quality Municipal Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a dividend of $0.069 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.83 dividend on an annualized basis and a yield of 7.79%.

Institutional Trading of Nuveen New York AMT-Free Quality Municipal Income Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Advisor Group LLC raised its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 8.8% in the 3rd quarter. Private Advisor Group LLC now owns 17,300 shares of the financial services provider’s stock valued at $194,000 after acquiring an additional 1,398 shares during the period. PFG Investments LLC boosted its stake in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 28.2% in the third quarter. PFG Investments LLC now owns 139,794 shares of the financial services provider’s stock valued at $1,566,000 after buying an additional 30,778 shares during the period. US Bancorp DE grew its holdings in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 742.0% during the 3rd quarter. US Bancorp DE now owns 15,206 shares of the financial services provider’s stock worth $170,000 after purchasing an additional 13,400 shares in the last quarter. Clear Creek Financial Management LLC lifted its holdings in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 29.2% during the 3rd quarter. Clear Creek Financial Management LLC now owns 16,800 shares of the financial services provider’s stock worth $188,000 after acquiring an additional 3,800 shares during the period. Finally, Wolverine Asset Management LLC bought a new position in Nuveen New York AMT-Free Quality Municipal Income Fund in the third quarter valued at approximately $64,000.

About Nuveen New York AMT-Free Quality Municipal Income Fund

Nuveen New York AMT-Free Quality Municipal 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 New York. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years.