Nuveen Multi-Market Income Fund (NYSE:JMM) Short Interest Down 83.8% in December

Nuveen Multi-Market Income Fund (NYSE:JMM) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 271 shares, a decrease of 83.8% from the December 15th total of 1,675 shares. Based on an average daily volume of 15,930 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 15,930 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Nuveen Multi-Market Income Fund

Hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of Nuveen Multi-Market Income Fund during the second quarter worth $30,000. Stratos Wealth Partners LTD. increased its position in Nuveen Multi-Market Income Fund by 37.6% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 26,263 shares of the company’s stock worth $165,000 after purchasing an additional 7,174 shares during the last quarter. M Holdings Securities Inc. purchased a new stake in shares of Nuveen Multi-Market Income Fund during the 2nd quarter worth about $230,000. Susquehanna International Group LLP lifted its holdings in shares of Nuveen Multi-Market Income Fund by 119.5% during the 3rd quarter. Susquehanna International Group LLP now owns 44,708 shares of the company’s stock valued at $281,000 after buying an additional 24,342 shares during the last quarter. Finally, Seven Mile Advisory acquired a new stake in shares of Nuveen Multi-Market Income Fund during the 3rd quarter valued at about $558,000. 67.34% of the stock is owned by hedge funds and other institutional investors.

Nuveen Multi-Market Income Fund Trading Up 0.8%

Nuveen Multi-Market Income Fund stock traded up $0.05 during mid-day trading on Monday, hitting $6.06. The company’s stock had a trading volume of 1,591 shares, compared to its average volume of 12,245. Nuveen Multi-Market Income Fund has a twelve month low of $5.68 and a twelve month high of $6.52. The stock’s fifty day moving average price is $6.09 and its two-hundred day moving average price is $6.24.

Nuveen Multi-Market Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 15th will be paid a $0.029 dividend. The ex-dividend date of this dividend is Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 5.7%.

About Nuveen Multi-Market Income Fund

Nuveen Multi-Market Income Fund (NYSE: JMM) is a diversified, closed-end management investment company managed by Nuveen, a leading global asset manager and subsidiary of TIAA. The fund seeks to provide high current income with the potential for capital appreciation by investing across multiple asset classes and geographies. Its structure allows investors to access a broad range of income-producing securities through a single vehicle.

JMM’s investment strategy emphasizes a multi-sector approach, allocating capital to fixed-income sectors such as investment-grade and high-yield corporate bonds, emerging market debt, mortgage- and asset-backed securities, as well as preferred stocks.