Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Short Interest Down 15.8% in November

Posted by MarketBeat News on Dec 16th, 2024

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV – Get Free Report) saw a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 101,400 shares, a drop of 15.8% from the November 15th total of 120,400 shares. Based on an average daily volume of 38,100 shares, the short-interest ratio is currently 2.7 days.

Institutional Trading of Nuveen Virginia Quality Municipal Income Fund

A hedge fund recently bought a new stake in Nuveen Virginia Quality Municipal Income Fund stock. Canal Capital Management LLC bought a new position in Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 20,792 shares of the financial services provider’s stock, valued at approximately $239,000. Canal Capital Management LLC owned 0.12% of Nuveen Virginia Quality Municipal Income Fund as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 11.68% of the company’s stock.

Nuveen Virginia Quality Municipal Income Fund Stock Performance

NPV stock opened at $13.48 on Monday. Nuveen Virginia Quality Municipal Income Fund has a one year low of $10.47 and a one year high of $13.72. The company has a fifty day moving average of $13.13 and a 200-day moving average of $12.23.

Nuveen Virginia Quality Municipal Income Fund Dividend Announcement

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The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a $0.072 dividend. This represents a $0.86 annualized dividend and a dividend yield of 6.41%. The ex-dividend date is Friday, December 13th.

About Nuveen Virginia Quality Municipal Income Fund

(Get Free Report)

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.