Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Short Interest Up 58.5% in October

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 32,800 shares, an increase of 58.5% from the September 30th total of 20,700 shares. Based on an average trading volume of 36,000 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 36,000 shares, the days-to-cover ratio is presently 0.9 days.

Nuveen AMT-Free Municipal Value Fund Stock Up 0.2%

Shares of NYSE NUW opened at $14.33 on Friday. The firm’s 50-day moving average price is $14.09 and its 200-day moving average price is $13.78. Nuveen AMT-Free Municipal Value Fund has a 52-week low of $13.04 and a 52-week high of $14.52.

Nuveen AMT-Free Municipal Value Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Wednesday, October 15th will be issued a dividend of $0.0485 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Wednesday, October 15th.

Institutional Trading of Nuveen AMT-Free Municipal Value Fund

Institutional investors have recently made changes to their positions in the stock. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Nuveen AMT-Free Municipal Value Fund by 4.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 37,649 shares of the company’s stock worth $517,000 after purchasing an additional 1,535 shares during the period. LPL Financial LLC lifted its stake in shares of Nuveen AMT-Free Municipal Value Fund by 12.5% in the 1st quarter. LPL Financial LLC now owns 175,565 shares of the company’s stock worth $2,412,000 after purchasing an additional 19,469 shares during the period. SFI Advisors LLC bought a new position in shares of Nuveen AMT-Free Municipal Value Fund in the 1st quarter worth approximately $443,000. Royal Bank of Canada lifted its stake in shares of Nuveen AMT-Free Municipal Value Fund by 12.5% in the 1st quarter. Royal Bank of Canada now owns 36,757 shares of the company’s stock worth $505,000 after purchasing an additional 4,073 shares during the period. Finally, 1607 Capital Partners LLC lifted its stake in shares of Nuveen AMT-Free Municipal Value Fund by 3.9% in the 1st quarter. 1607 Capital Partners LLC now owns 1,303,138 shares of the company’s stock worth $17,905,000 after purchasing an additional 48,745 shares during the period.

About Nuveen AMT-Free Municipal Value Fund

Nuveen AMT-Free Municipal Value Fund is a close-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 fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors.