Short Interest in Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Decreases By 59.0%

Nuveen AMT-Free Municipal Value Fund (NYSE:NUWGet Free Report) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 8,353 shares, a decrease of 59.0% from the April 15th total of 20,361 shares. Based on an average trading volume of 33,324 shares, the days-to-cover ratio is currently 0.3 days.

Nuveen AMT-Free Municipal Value Fund Trading Down 1.0%

NUW opened at $13.91 on Friday. The stock has a 50-day moving average of $14.26 and a 200-day moving average of $14.32. Nuveen AMT-Free Municipal Value Fund has a 52-week low of $13.42 and a 52-week high of $14.70.

Nuveen AMT-Free Municipal Value Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be paid a dividend of $0.0485 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, May 15th.

Institutional Trading of Nuveen AMT-Free Municipal Value Fund

Several large investors have recently made changes to their positions in NUW. Sanctuary Advisors LLC lifted its position in shares of Nuveen AMT-Free Municipal Value Fund by 1.1% during the 4th quarter. Sanctuary Advisors LLC now owns 74,695 shares of the company’s stock worth $1,069,000 after purchasing an additional 837 shares during the last quarter. Stephens Inc. AR lifted its position in shares of Nuveen AMT-Free Municipal Value Fund by 5.8% during the 1st quarter. Stephens Inc. AR now owns 18,180 shares of the company’s stock worth $261,000 after purchasing an additional 1,000 shares during the last quarter. Breakwater Capital Group lifted its position in shares of Nuveen AMT-Free Municipal Value Fund by 2.0% during the 4th quarter. Breakwater Capital Group now owns 51,335 shares of the company’s stock worth $735,000 after purchasing an additional 1,003 shares during the last quarter. Kestra Advisory Services LLC lifted its position in shares of Nuveen AMT-Free Municipal Value Fund by 4.1% during the 1st quarter. Kestra Advisory Services LLC now owns 40,247 shares of the company’s stock worth $577,000 after purchasing an additional 1,593 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of Nuveen AMT-Free Municipal Value Fund during the 4th quarter worth about $30,000.

About Nuveen AMT-Free Municipal Value Fund

(Get Free Report)

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.

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