Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Short Interest Up 28.8% in March

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 22,800 shares, a growth of 28.8% from the February 28th total of 17,700 shares. Based on an average daily volume of 55,400 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Nuveen AMT-Free Municipal Value Fund

Several hedge funds have recently bought and sold shares of NUW. Logan Stone Capital LLC acquired a new stake in shares of Nuveen AMT-Free Municipal Value Fund in the fourth quarter valued at approximately $422,000. Captrust Financial Advisors increased its position in Nuveen AMT-Free Municipal Value Fund by 13.0% in the 4th quarter. Captrust Financial Advisors now owns 182,902 shares of the company’s stock valued at $2,484,000 after acquiring an additional 20,973 shares during the period. 1607 Capital Partners LLC raised its stake in Nuveen AMT-Free Municipal Value Fund by 28.0% during the 4th quarter. 1607 Capital Partners LLC now owns 1,254,393 shares of the company’s stock valued at $17,035,000 after acquiring an additional 274,422 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Nuveen AMT-Free Municipal Value Fund during the 4th quarter worth $3,941,000. Finally, Thomas J. Herzfeld Advisors Inc. bought a new position in shares of Nuveen AMT-Free Municipal Value Fund in the fourth quarter worth $452,000.

Nuveen AMT-Free Municipal Value Fund Trading Up 0.1 %

Shares of NYSE NUW traded up $0.01 during mid-day trading on Monday, hitting $13.76. The company had a trading volume of 26,339 shares, compared to its average volume of 43,427. Nuveen AMT-Free Municipal Value Fund has a 12 month low of $13.23 and a 12 month high of $14.38. The firm’s 50 day simple moving average is $13.82 and its two-hundred day simple moving average is $13.88.

Nuveen AMT-Free Municipal Value Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a $0.0485 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date is Friday, March 14th.

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.