Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Short Interest Update

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) was the recipient of a significant drop in short interest in February. As of February 15th, there was short interest totalling 37,200 shares, a drop of 51.8% from the January 31st total of 77,200 shares. Based on an average daily volume of 28,800 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Trading of Nuveen Virginia Quality Municipal Income Fund

Several institutional investors have recently made changes to their positions in NPV. Elequin Capital LP purchased a new position in Nuveen Virginia Quality Municipal Income Fund during the 4th quarter valued at approximately $32,000. Cary Street Partners Financial LLC purchased a new position in Nuveen Virginia Quality Municipal Income Fund during the 4th quarter valued at approximately $207,000. XML Financial LLC grew its holdings in Nuveen Virginia Quality Municipal Income Fund by 49.5% during the 4th quarter. XML Financial LLC now owns 22,946 shares of the financial services provider’s stock valued at $290,000 after buying an additional 7,596 shares in the last quarter. Atria Wealth Solutions Inc. grew its holdings in Nuveen Virginia Quality Municipal Income Fund by 10.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 22,951 shares of the financial services provider’s stock valued at $290,000 after buying an additional 2,200 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in Nuveen Virginia Quality Municipal Income Fund by 34.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 46,594 shares of the financial services provider’s stock valued at $589,000 after buying an additional 12,058 shares in the last quarter. Hedge funds and other institutional investors own 11.68% of the company’s stock.

Nuveen Virginia Quality Municipal Income Fund Stock Performance

Shares of NYSE:NPV traded up $0.06 during trading on Friday, hitting $12.60. 39,923 shares of the company’s stock were exchanged, compared to its average volume of 27,083. Nuveen Virginia Quality Municipal Income Fund has a 52-week low of $10.47 and a 52-week high of $13.72. The business’s 50-day simple moving average is $12.62 and its 200 day simple moving average is $12.72.

Nuveen Virginia Quality Municipal Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a dividend of $0.072 per share. This represents a $0.86 annualized dividend and a dividend yield of 6.86%. The ex-dividend date is Friday, February 14th.

About Nuveen Virginia Quality Municipal Income Fund

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.