Nuveen New York Quality Municipal Income Fund (NYSE:NAN) Short Interest Down 46.1% in December

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 44,296 shares, a decrease of 46.1% from the December 15th total of 82,255 shares. Based on an average daily trading volume, of 125,473 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 125,473 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Nuveen New York Quality Municipal Income Fund

A number of institutional investors have recently made changes to their positions in NAN. J. L. Bainbridge & Co. Inc. purchased a new position in Nuveen New York Quality Municipal Income Fund during the 3rd quarter worth $116,000. Kingsview Wealth Management LLC purchased a new stake in Nuveen New York Quality Municipal Income Fund during the 3rd quarter worth approximately $154,000. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Nuveen New York Quality Municipal Income Fund by 41.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 14,930 shares of the financial services provider’s stock worth $171,000 after buying an additional 4,361 shares during the last quarter. Cresset Asset Management LLC purchased a new position in shares of Nuveen New York Quality Municipal Income Fund in the second quarter worth $251,000. Finally, PFG Investments LLC lifted its stake in shares of Nuveen New York Quality Municipal Income Fund by 8.1% during the second quarter. PFG Investments LLC now owns 22,178 shares of the financial services provider’s stock worth $253,000 after buying an additional 1,662 shares during the period.

Nuveen New York Quality Municipal Income Fund Stock Down 0.4%

Shares of Nuveen New York Quality Municipal Income Fund stock traded down $0.05 on Thursday, reaching $11.40. The stock had a trading volume of 68,552 shares, compared to its average volume of 81,545. The company has a 50 day moving average price of $11.42 and a 200 day moving average price of $11.34. Nuveen New York Quality Municipal Income Fund has a 1 year low of $10.69 and a 1 year high of $11.89.

Nuveen New York Quality Municipal Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 15th will be issued a $0.072 dividend. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend is Thursday, January 15th.

About Nuveen New York Quality Municipal Income Fund

The Nuveen New York Quality Municipal Income Fund (NYSE: NAN) is a closed-end management investment company that seeks to provide current income exempt from federal and New York State income taxes. The Fund invests principally in a portfolio of investment-grade municipal obligations issued by or on behalf of the State of New York and its political subdivisions. Through its focus on tax-exempt securities, NAN is designed to offer investors an attractive yield advantage relative to taxable alternatives in the New York market.

The Fund’s portfolio is comprised primarily of general obligation and revenue bonds issued by state and local governments, authorities, agencies and instrumentalities within New York.