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

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) was the recipient of a large growth in short interest in 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 daily volume of 52,600 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Nuveen AMT-Free Municipal Value Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Sanctuary Advisors LLC boosted its holdings in 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 valued at $818,000 after acquiring an additional 1,468 shares during the period. Hilltop Holdings Inc. boosted its stake in shares of Nuveen AMT-Free Municipal Value Fund by 10.6% in the third quarter. Hilltop Holdings Inc. now owns 13,108 shares of the company’s stock valued at $186,000 after purchasing an additional 1,255 shares during the period. Captrust Financial Advisors boosted its stake in shares of Nuveen AMT-Free Municipal Value Fund by 16.3% in the third quarter. Captrust Financial Advisors now owns 161,929 shares of the company’s stock valued at $2,303,000 after purchasing an additional 22,683 shares during the period. Wolverine Asset Management LLC grew its holdings in shares of Nuveen AMT-Free Municipal Value Fund by 44.5% in the third quarter. Wolverine Asset Management LLC now owns 62,090 shares of the company’s stock valued at $883,000 after purchasing an additional 19,114 shares in the last quarter. Finally, Ackerman Capital Advisors LLC increased its stake in Nuveen AMT-Free Municipal Value Fund by 79.5% during the 3rd quarter. Ackerman Capital Advisors LLC now owns 36,812 shares of the company’s stock worth $523,000 after buying an additional 16,304 shares during the period.

Nuveen AMT-Free Municipal Value Fund Stock Down 0.4 %

Nuveen AMT-Free Municipal Value Fund stock traded down $0.06 during trading on Monday, hitting $13.59. The company had a trading volume of 57,536 shares, compared to its average volume of 44,848. Nuveen AMT-Free Municipal Value Fund has a 1-year low of $13.23 and a 1-year high of $14.38. The company’s 50 day simple moving average is $13.76 and its 200-day simple moving average is $13.93.

Nuveen AMT-Free Municipal Value Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be paid a $0.0485 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 4.28%.

Nuveen AMT-Free Municipal Value Fund Company Profile

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.