Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) Short Interest Down 35.8% in October

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) saw a significant decline in short interest in October. As of October 15th, there was short interest totalling 23,000 shares, a decline of 35.8% from the September 30th total of 35,800 shares. Based on an average daily volume of 184,500 shares, the days-to-cover ratio is presently 0.1 days.

Nuveen S&P 500 Buy-Write Income Fund Trading Up 0.3 %

BXMX opened at $13.77 on Friday. The business’s fifty day moving average is $13.55 and its two-hundred day moving average is $13.30. Nuveen S&P 500 Buy-Write Income Fund has a one year low of $11.74 and a one year high of $13.85.

Nuveen S&P 500 Buy-Write Income Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th were given a $0.2365 dividend. This is an increase from Nuveen S&P 500 Buy-Write Income Fund’s previous quarterly dividend of $0.24. This represents a $0.95 annualized dividend and a dividend yield of 6.87%. The ex-dividend date of this dividend was Friday, September 13th.

Institutional Trading of Nuveen S&P 500 Buy-Write Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Farmers & Merchants Investments Inc. purchased a new stake in shares of Nuveen S&P 500 Buy-Write Income Fund in the second quarter valued at $25,000. Global Financial Private Client LLC purchased a new stake in shares of Nuveen S&P 500 Buy-Write Income Fund in the first quarter valued at $33,000. Matrix Trust Co purchased a new stake in shares of Nuveen S&P 500 Buy-Write Income Fund in the third quarter valued at $69,000. CWM LLC lifted its position in shares of Nuveen S&P 500 Buy-Write Income Fund by 581.3% in the third quarter. CWM LLC now owns 6,663 shares of the financial services provider’s stock valued at $91,000 after acquiring an additional 5,685 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC lifted its position in shares of Nuveen S&P 500 Buy-Write Income Fund by 50.0% in the second quarter. Blue Bell Private Wealth Management LLC now owns 9,000 shares of the financial services provider’s stock valued at $122,000 after acquiring an additional 3,000 shares in the last quarter.

Nuveen S&P 500 Buy-Write Income Fund Company Profile

Nuveen S&P 500 Buy-Write Income Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc It is co-managed by Nuveen Fund Advisors LLC and Gateway Investment Advisers, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.