Nuveen Sl Tfip (NYSE:NXP) Shares Shorted: Short Interest Down 67.1% in October

Nuveen Sl Tfip (NYSE:NXP) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 49,779 shares, a decrease of 67.1% from the September 30th total of 151,135 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 357,599 shares, the short-interest ratio is currently 0.1 days.

Nuveen Sl Tfip Stock Performance

Shares of Nuveen Sl Tfip stock traded up $0.02 during trading on Friday, hitting $13.46. 209,743 shares of the stock traded hands, compared to its average volume of 346,866. Nuveen Sl Tfip has a 52-week low of $12.87 and a 52-week high of $14.59. The stock’s fifty day simple moving average is $13.52 and its 200 day simple moving average is $14.09.

Nuveen Sl Tfip Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 15th will be given a dividend of $0.0535 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $0.64 dividend on an annualized basis and a yield of 4.8%.

Insider Activity at Nuveen Sl Tfip

In related news, insider Young L. Robert purchased 22,848 shares of Nuveen Sl Tfip stock in a transaction that occurred on Friday, October 23rd. The shares were bought at an average price of $13.15 per share, with a total value of $300,451.20. Following the purchase, the insider directly owned 22,848 shares of the company’s stock, valued at approximately $300,451.20. This represents a ? increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Nuveen Sl Tfip

Several hedge funds have recently modified their holdings of NXP. Redwood Family Wealth LLC grew its holdings in shares of Nuveen Sl Tfip by 5.3% during the third quarter. Redwood Family Wealth LLC now owns 14,913 shares of the financial services provider’s stock valued at $200,000 after buying an additional 751 shares during the last quarter. World Investment Advisors raised its stake in Nuveen Sl Tfip by 4.7% in the 1st quarter. World Investment Advisors now owns 20,722 shares of the financial services provider’s stock worth $297,000 after acquiring an additional 926 shares during the last quarter. WealthBridge Capital Management LLC lifted its position in Nuveen Sl Tfip by 5.7% during the 3rd quarter. WealthBridge Capital Management LLC now owns 19,115 shares of the financial services provider’s stock worth $257,000 after acquiring an additional 1,023 shares during the period. Curry Webb Wealth Management LLC acquired a new stake in Nuveen Sl Tfip during the 3rd quarter worth about $32,000. Finally, D.A. Davidson & CO. lifted its position in Nuveen Sl Tfip by 20.7% during the 1st quarter. D.A. Davidson & CO. now owns 14,778 shares of the financial services provider’s stock worth $212,000 after acquiring an additional 2,530 shares during the period. Hedge funds and other institutional investors own 16.17% of the company’s stock.

Nuveen Sl Tfip Company Profile

Nuveen Select Tax-Free Income Portfolio (NYSE: NXP) is a closed-end investment company managed by Nuveen, the investment management business of TIAA. The portfolio seeks to provide current income that is exempt from regular federal income tax.

The fund invests primarily in municipal securities issued by states, cities, and other governmental entities in the United States. Its holdings may include a range of tax-exempt bonds, including securities with varying maturities, credit qualities, and structures.