Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Short Interest Update

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 32,652 shares, a growth of 23.0% from the December 15th total of 26,536 shares. Based on an average trading volume of 37,723 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 37,723 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Trading of Nuveen AMT-Free Municipal Value Fund

A number of institutional investors have recently made changes to their positions in NUW. Hennion & Walsh Asset Management Inc. boosted its holdings in Nuveen AMT-Free Municipal Value Fund by 16.2% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 398,786 shares of the company’s stock valued at $5,707,000 after purchasing an additional 55,579 shares during the last quarter. Raymond James Financial Inc. grew its position in Nuveen AMT-Free Municipal Value Fund by 8.0% in the third quarter. Raymond James Financial Inc. now owns 328,619 shares of the company’s stock worth $4,660,000 after acquiring an additional 24,236 shares during the period. Captrust Financial Advisors increased its stake in Nuveen AMT-Free Municipal Value Fund by 10.5% during the third quarter. Captrust Financial Advisors now owns 245,790 shares of the company’s stock worth $3,485,000 after acquiring an additional 23,319 shares during the last quarter. Jones Financial Companies Lllp raised its position in Nuveen AMT-Free Municipal Value Fund by 109.4% in the third quarter. Jones Financial Companies Lllp now owns 179,715 shares of the company’s stock valued at $2,518,000 after purchasing an additional 93,889 shares during the period. Finally, Smartleaf Asset Management LLC purchased a new stake in Nuveen AMT-Free Municipal Value Fund in the second quarter valued at $1,693,000.

Nuveen AMT-Free Municipal Value Fund Stock Performance

NUW traded down $0.04 during midday trading on Tuesday, hitting $14.34. 10,513 shares of the company traded hands, compared to its average volume of 30,818. Nuveen AMT-Free Municipal Value Fund has a 52-week low of $13.04 and a 52-week high of $14.55. The business has a 50 day simple moving average of $14.31 and a two-hundred day simple moving average of $14.07.

Nuveen AMT-Free Municipal Value Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 15th will be issued a dividend of $0.0485 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.