Short Interest in Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Increases By 48.0%

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 26,536 shares, an increase of 48.0% from the November 30th total of 17,930 shares. Based on an average daily trading volume, of 45,781 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 45,781 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Nuveen AMT-Free Municipal Value Fund

Institutional investors have recently made changes to their positions in the stock. Access Financial Services Inc. lifted its position in Nuveen AMT-Free Municipal Value Fund by 4.4% in the third quarter. Access Financial Services Inc. now owns 47,190 shares of the company’s stock worth $669,000 after purchasing an additional 2,000 shares during the period. Stephens Inc. AR lifted its holdings in Nuveen AMT-Free Municipal Value Fund by 17.4% in the 2nd quarter. Stephens Inc. AR now owns 16,880 shares of the company’s stock valued at $231,000 after acquiring an additional 2,500 shares during the last quarter. Royal Bank of Canada lifted its holdings in Nuveen AMT-Free Municipal Value Fund by 12.5% in the 1st quarter. Royal Bank of Canada now owns 36,757 shares of the company’s stock valued at $505,000 after acquiring an additional 4,073 shares during the last quarter. Traub Capital Management LLC bought a new position in shares of Nuveen AMT-Free Municipal Value Fund during the 2nd quarter valued at about $65,000. Finally, Ackerman Capital Advisors LLC grew its stake in shares of Nuveen AMT-Free Municipal Value Fund by 21.5% in the 3rd quarter. Ackerman Capital Advisors LLC now owns 28,099 shares of the company’s stock worth $398,000 after purchasing an additional 4,981 shares during the last quarter.

Nuveen AMT-Free Municipal Value Fund Stock Up 0.1%

NUW traded up $0.01 during trading hours on Tuesday, hitting $14.36. The company’s stock had a trading volume of 47,168 shares, compared to its average volume of 43,815. The company has a 50-day simple moving average of $14.29 and a 200 day simple moving average of $13.99. Nuveen AMT-Free Municipal Value Fund has a fifty-two week low of $13.04 and a fifty-two week high of $14.52.

Nuveen AMT-Free Municipal Value Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be paid a dividend of $0.0485 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Monday, December 15th.

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.