Nuveen Sl Tfip (NYSE:NXP) Stock Short Interest Report for September

Nuveen Sl Tfip (NYSE:NXP) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 151,135 shares, an increase of 370.9% from the September 15th total of 32,092 shares. Based on an average daily volume of 404,475 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Trading of Nuveen Sl Tfip

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Ameritas Advisory Services LLC acquired a new stake in shares of Nuveen Sl Tfip in the 2nd quarter worth approximately $45,000. Bayban acquired a new position in shares of Nuveen Sl Tfip during the fourth quarter valued at approximately $62,000. Hilltop Holdings Inc. acquired a new position in shares of Nuveen Sl Tfip during the first quarter valued at approximately $149,000. Envestnet Asset Management Inc. acquired a new position in shares of Nuveen Sl Tfip during the second quarter valued at approximately $179,000. Finally, Summit Financial Wealth Advisors LLC acquired a new position in shares of Nuveen Sl Tfip during the first quarter valued at approximately $186,000. 16.17% of the stock is currently owned by institutional investors.

Nuveen Sl Tfip Stock Performance

NXP stock traded up $0.13 during trading on Friday, hitting $13.15. The company had a trading volume of 317,955 shares, compared to its average volume of 371,460. The business has a 50 day moving average of $13.81 and a 200 day moving average of $14.11. Nuveen Sl Tfip has a fifty-two week low of $12.87 and a fifty-two week high of $14.65.

Nuveen Sl Tfip Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.0535 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $0.64 annualized dividend and a yield of 4.9%.

Nuveen Sl Tfip Company Profile

Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) is a closed-end investment company managed by Nuveen, an asset manager specializing in investment solutions. The fund seeks to provide current income that is exempt from regular federal income tax while also managing the risks associated with investing in municipal securities.

The portfolio invests primarily in tax-exempt municipal bonds issued by states, cities, counties, public authorities and other governmental entities in the United States.