Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Short Interest Update

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 14,000 shares, a growth of 300.0% from the December 15th total of 3,500 shares. Based on an average trading volume of 52,600 shares, the days-to-cover ratio is currently 0.3 days.

Nuveen AMT-Free Municipal Value Fund Price Performance

Shares of Nuveen AMT-Free Municipal Value Fund stock traded down $0.06 during trading on Monday, hitting $13.59. 57,536 shares of the stock were exchanged, compared to its average volume of 44,848. The firm’s 50-day moving average price is $13.76 and its 200 day moving average price is $13.93. Nuveen AMT-Free Municipal Value Fund has a 12-month low of $13.23 and a 12-month high of $14.38.

Nuveen AMT-Free Municipal Value Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.0485 per share. This represents a $0.58 dividend on an annualized basis and a yield of 4.28%. The ex-dividend date of this dividend is Wednesday, January 15th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NUW. Captrust Financial Advisors lifted its stake in Nuveen AMT-Free Municipal Value Fund by 16.3% during the third quarter. Captrust Financial Advisors now owns 161,929 shares of the company’s stock worth $2,303,000 after purchasing an additional 22,683 shares during the last quarter. Wolverine Asset Management LLC raised its holdings in Nuveen AMT-Free Municipal Value Fund by 44.5% during the third quarter. Wolverine Asset Management LLC now owns 62,090 shares of the company’s stock worth $883,000 after purchasing an additional 19,114 shares in the last quarter. Sanctuary Advisors LLC lifted its position in shares of Nuveen AMT-Free Municipal Value Fund by 2.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 59,140 shares of the company’s stock worth $818,000 after buying an additional 1,468 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Nuveen AMT-Free Municipal Value Fund by 2.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 58,156 shares of the company’s stock worth $807,000 after buying an additional 1,181 shares during the last quarter. Finally, Ackerman Capital Advisors LLC boosted its holdings in shares of Nuveen AMT-Free Municipal Value Fund by 79.5% in the 3rd quarter. Ackerman Capital Advisors LLC now owns 36,812 shares of the company’s stock valued at $523,000 after buying an additional 16,304 shares in the last quarter.

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.