Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) Short Interest Update

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 237,400 shares, a growth of 296.3% from the January 31st total of 59,900 shares. Based on an average daily volume of 612,500 shares, the days-to-cover ratio is presently 0.4 days.

Nuveen AMT-Free Municipal Credit Income Fund Stock Down 0.0 %

Shares of NVG stock opened at $12.86 on Friday. Nuveen AMT-Free Municipal Credit Income Fund has a fifty-two week low of $11.51 and a fifty-two week high of $13.56. The stock’s 50-day moving average is $12.47 and its two-hundred day moving average is $12.83.

Nuveen AMT-Free Municipal Credit Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a dividend of $0.079 per share. This represents a $0.95 annualized dividend and a yield of 7.37%. The ex-dividend date is Friday, February 14th.

Institutional Trading of Nuveen AMT-Free Municipal Credit Income Fund

Several large investors have recently added to or reduced their stakes in the business. Captrust Financial Advisors raised its stake in shares of Nuveen AMT-Free Municipal Credit Income Fund by 0.8% in the fourth quarter. Captrust Financial Advisors now owns 105,616 shares of the company’s stock valued at $1,295,000 after purchasing an additional 804 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Nuveen AMT-Free Municipal Credit Income Fund by 2.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 46,263 shares of the company’s stock worth $619,000 after acquiring an additional 951 shares during the period. Community Bank N.A. grew its holdings in Nuveen AMT-Free Municipal Credit Income Fund by 25.0% during the fourth quarter. Community Bank N.A. now owns 5,000 shares of the company’s stock valued at $61,000 after purchasing an additional 1,000 shares during the period. XML Financial LLC grew its stake in Nuveen AMT-Free Municipal Credit Income Fund by 9.0% in the fourth quarter. XML Financial LLC now owns 12,156 shares of the company’s stock valued at $149,000 after acquiring an additional 1,003 shares during the period. Finally, Kercheville Advisors LLC raised its holdings in shares of Nuveen AMT-Free Municipal Credit Income Fund by 4.2% during the fourth quarter. Kercheville Advisors LLC now owns 25,499 shares of the company’s stock worth $313,000 after acquiring an additional 1,027 shares during the period.

About Nuveen AMT-Free Municipal Credit Income Fund

Nuveen AMT-Free Municipal Credit 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 the United States. The fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody’s, or Fitch, and that have an average maturity of 17.02 years.