Short Interest in Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Drops By 21.5%

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 77,200 shares, a decrease of 21.5% from the January 15th total of 98,400 shares. Based on an average daily trading volume, of 32,200 shares, the short-interest ratio is currently 2.4 days.

Institutional Trading of Nuveen Virginia Quality Municipal Income Fund

A number of large investors have recently bought and sold shares of NPV. XML Financial LLC boosted its stake in Nuveen Virginia Quality Municipal Income Fund by 49.5% during the 4th quarter. XML Financial LLC now owns 22,946 shares of the financial services provider’s stock worth $290,000 after purchasing an additional 7,596 shares during the period. Janney Montgomery Scott LLC boosted its stake in Nuveen Virginia Quality Municipal Income Fund by 34.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 46,594 shares of the financial services provider’s stock worth $589,000 after purchasing an additional 12,058 shares during the period. DAVENPORT & Co LLC boosted its stake in Nuveen Virginia Quality Municipal Income Fund by 12.1% during the 4th quarter. DAVENPORT & Co LLC now owns 224,754 shares of the financial services provider’s stock worth $2,843,000 after purchasing an additional 24,338 shares during the period. Atria Wealth Solutions Inc. lifted its stake in shares of Nuveen Virginia Quality Municipal Income Fund by 10.6% in the 4th quarter. Atria Wealth Solutions Inc. now owns 22,951 shares of the financial services provider’s stock worth $290,000 after acquiring an additional 2,200 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Nuveen Virginia Quality Municipal Income Fund in the 4th quarter worth $1,036,000. Institutional investors and hedge funds own 11.68% of the company’s stock.

Nuveen Virginia Quality Municipal Income Fund Trading Down 0.2 %

Shares of Nuveen Virginia Quality Municipal Income Fund stock traded down $0.02 during trading hours on Friday, hitting $12.40. The company had a trading volume of 20,274 shares, compared to its average volume of 24,919. The company’s 50-day moving average is $12.79 and its two-hundred day moving average is $12.68. Nuveen Virginia Quality Municipal Income Fund has a twelve month low of $10.47 and a twelve month high of $13.72.

Nuveen Virginia Quality Municipal Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a yield of 6.97%. The ex-dividend date of this dividend is Friday, February 14th.

About Nuveen Virginia Quality Municipal Income Fund

Nuveen Virginia 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 Virginia. The fund invests primarily in municipal securities rated Baa/BBB or better.