Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) Short Interest Update

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 117,803 shares, a growth of 29.3% from the December 15th total of 91,136 shares. Based on an average daily volume of 656,753 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 656,753 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Nuveen New York AMT-Free Quality Municipal Income Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NRK. Mathes Company Inc. lifted its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 4.5% during the third quarter. Mathes Company Inc. now owns 23,000 shares of the financial services provider’s stock worth $235,000 after purchasing an additional 1,000 shares during the period. Cetera Investment Advisers boosted its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 6.7% in the 2nd quarter. Cetera Investment Advisers now owns 17,174 shares of the financial services provider’s stock valued at $170,000 after buying an additional 1,077 shares in the last quarter. Frisch Financial Group Inc. boosted its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 8.1% in the 3rd quarter. Frisch Financial Group Inc. now owns 17,221 shares of the financial services provider’s stock valued at $177,000 after buying an additional 1,297 shares in the last quarter. First Horizon Corp bought a new stake in Nuveen New York AMT-Free Quality Municipal Income Fund in the third quarter valued at $26,000. Finally, PFG Investments LLC raised its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 1.0% during the second quarter. PFG Investments LLC now owns 260,163 shares of the financial services provider’s stock worth $2,578,000 after acquiring an additional 2,564 shares in the last quarter.

Nuveen New York AMT-Free Quality Municipal Income Fund Stock Performance

NYSE NRK traded down $0.03 during trading on Friday, hitting $10.21. The company’s stock had a trading volume of 139,765 shares, compared to its average volume of 253,924. Nuveen New York AMT-Free Quality Municipal Income Fund has a 52 week low of $9.30 and a 52 week high of $10.78. The firm has a 50 day moving average price of $10.13 and a 200 day moving average price of $9.91.

Nuveen New York AMT-Free Quality Municipal Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 15th will be issued a dividend of $0.069 per share. The ex-dividend date is Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 8.1%.

Nuveen New York AMT-Free Quality Municipal Income Fund Company Profile

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE: NRK) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State personal income taxes, including the alternative minimum tax. The fund primarily invests in investment-grade municipal securities issued by or on behalf of public authorities and municipalities located in New York. Its portfolio is broadly diversified across metropolitan areas, local school districts, transportation authorities and other state and local entities.

Managed by Nuveen Asset Management LLC, a subsidiary of TIAA that specializes in municipal bond investing, NRK employs a disciplined, quality-focused approach to security selection.