Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Short Interest Update

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 480,586 shares, a growth of 74.8% from the July 15th total of 274,914 shares. Based on an average daily volume of 471,588 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.2% of the company’s shares are sold short.

Nuveen Municipal Value Fund Trading Up 0.1%

NYSE NUV traded up $0.01 during mid-day trading on Tuesday, hitting $9.01. The company’s stock had a trading volume of 179,126 shares, compared to its average volume of 505,701. Nuveen Municipal Value Fund has a 52-week low of $8.55 and a 52-week high of $9.26. The stock’s fifty day simple moving average is $9.13 and its two-hundred day simple moving average is $9.13.

Nuveen Municipal Value Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be given a $0.0325 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 4.3%.

Hedge Funds Weigh In On Nuveen Municipal Value Fund

A number of hedge funds have recently made changes to their positions in NUV. Roman Butler Fullerton & Co. boosted its position in Nuveen Municipal Value Fund by 0.5% during the 1st quarter. Roman Butler Fullerton & Co. now owns 251,547 shares of the closed-end fund’s stock worth $2,314,000 after purchasing an additional 1,182 shares during the period. Kestra Private Wealth Services LLC raised its position in Nuveen Municipal Value Fund by 1.3% in the fourth quarter. Kestra Private Wealth Services LLC now owns 99,049 shares of the closed-end fund’s stock valued at $897,000 after purchasing an additional 1,224 shares during the period. Hilltop Holdings Inc. lifted its stake in shares of Nuveen Municipal Value Fund by 1.8% during the first quarter. Hilltop Holdings Inc. now owns 70,598 shares of the closed-end fund’s stock worth $635,000 after purchasing an additional 1,241 shares in the last quarter. Prospera Financial Services Inc boosted its position in shares of Nuveen Municipal Value Fund by 0.3% in the fourth quarter. Prospera Financial Services Inc now owns 475,589 shares of the closed-end fund’s stock worth $4,309,000 after buying an additional 1,379 shares during the period. Finally, VestGen Advisors LLC boosted its position in shares of Nuveen Municipal Value Fund by 3.2% in the fourth quarter. VestGen Advisors LLC now owns 44,391 shares of the closed-end fund’s stock worth $402,000 after buying an additional 1,391 shares during the period. Hedge funds and other institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Company Profile

The Nuveen Municipal Value Fund (NYSE:NUV) is a closed-end management investment company that seeks to provide its shareholders with current income exempt from regular federal income tax. The fund primarily invests in investment-grade municipal securities, including bonds and other debt obligations issued by state, municipal, and local governments across the United States. Through its diversified portfolio, NUV aims to deliver a stable stream of tax-advantaged income while preserving capital.

NUV’s investment strategy focuses on long-term municipal bonds, selecting securities based on credit quality, yield potential, and sector diversification.