Short Interest in Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) Decreases By 63.7%

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 53,938 shares, a decline of 63.7% from the January 29th total of 148,497 shares. Based on an average daily trading volume, of 599,515 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 599,515 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Nuveen New York AMT-Free Quality Municipal Income Fund

Several large investors have recently bought and sold shares of the company. First Horizon Corp acquired a new stake in shares of Nuveen New York AMT-Free Quality Municipal Income Fund in the 3rd quarter valued at about $26,000. CWM LLC grew its holdings in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 1,205.5% during the third quarter. CWM LLC now owns 3,786 shares of the financial services provider’s stock worth $39,000 after buying an additional 3,496 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund during the fourth quarter worth about $44,000. Elyxium Wealth LLC acquired a new stake in Nuveen New York AMT-Free Quality Municipal Income Fund in the 4th quarter valued at approximately $69,000. Finally, Kestra Advisory Services LLC bought a new stake in Nuveen New York AMT-Free Quality Municipal Income Fund in the 4th quarter valued at approximately $79,000.

Nuveen New York AMT-Free Quality Municipal Income Fund Price Performance

NRK stock traded up $0.05 during midday trading on Friday, reaching $10.50. The company’s stock had a trading volume of 341,429 shares, compared to its average volume of 412,493. The business’s 50-day simple moving average is $10.21 and its 200-day simple moving average is $10.06. Nuveen New York AMT-Free Quality Municipal Income Fund has a 52 week low of $9.30 and a 52 week high of $10.75.

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

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be issued a $0.069 dividend. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date is Friday, February 13th.

About Nuveen New York AMT-Free Quality Municipal Income Fund

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE: NRK) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State personal income taxes, including the alternative minimum tax. The fund primarily invests in investment-grade municipal securities issued by or on behalf of public authorities and municipalities located in New York. Its portfolio is broadly diversified across metropolitan areas, local school districts, transportation authorities and other state and local entities.

Managed by Nuveen Asset Management LLC, a subsidiary of TIAA that specializes in municipal bond investing, NRK employs a disciplined, quality-focused approach to security selection.