Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Short Interest Up 93.7% in January

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 30,389 shares, an increase of 93.7% from the January 15th total of 15,687 shares. Based on an average daily volume of 34,282 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 34,282 shares, the days-to-cover ratio is presently 0.9 days.

Nuveen AMT-Free Municipal Value Fund Stock Up 0.1%

NYSE:NUW opened at $14.56 on Friday. Nuveen AMT-Free Municipal Value Fund has a 52-week low of $13.04 and a 52-week high of $14.62. The stock has a fifty day simple moving average of $14.39 and a 200-day simple moving average of $14.16.

Nuveen AMT-Free Municipal Value Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be given a $0.0485 dividend. The ex-dividend date is Friday, February 13th. This represents a c) annualized dividend and a dividend yield of 4.0%.

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

A number of institutional investors and hedge funds have recently bought and sold shares of NUW. International Assets Investment Management LLC purchased a new position in Nuveen AMT-Free Municipal Value Fund during the fourth quarter worth $30,000. Camelot Portfolios LLC acquired a new position in Nuveen AMT-Free Municipal Value Fund in the 4th quarter valued at about $51,000. Traub Capital Management LLC acquired a new position in Nuveen AMT-Free Municipal Value Fund in the 2nd quarter valued at about $65,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Nuveen AMT-Free Municipal Value Fund by 57.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,614 shares of the company’s stock worth $109,000 after buying an additional 2,769 shares in the last quarter. Finally, Nomura Holdings Inc. purchased a new stake in shares of Nuveen AMT-Free Municipal Value Fund during the second quarter worth about $137,000.

About Nuveen AMT-Free Municipal Value Fund

Nuveen AMT-Free Municipal Value Fund (NYSE: NUW) is a closed-end management investment company that seeks to provide shareholders with regular income exempt from federal alternative minimum tax. The fund primarily invests in municipal obligations issued by U.S. state and local governments, including general obligation bonds, revenue bonds and notes. By focusing on instruments that are free from federal AMT, the fund targets investors looking for tax-advantaged income in a structured, professionally managed vehicle.

Since its inception in September 2008, NUW has employed an active management approach, aiming to build a diversified portfolio of investment-grade municipal securities.