Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 311,200 shares, a growth of 293.4% from the August 15th total of 79,100 shares. Based on an average trading volume of 234,700 shares, the days-to-cover ratio is currently 1.3 days.
Shares of Nuveen AMT-Free Municipal Credit Income Fund stock traded up $0.05 on Wednesday, hitting $17.90. 799 shares of the company’s stock traded hands, compared to its average volume of 287,424. The firm’s 50-day moving average is $17.81 and its 200 day moving average is $17.40. Nuveen AMT-Free Municipal Credit Income Fund has a 52-week low of $15.32 and a 52-week high of $18.27.
The company also recently disclosed a monthly dividend, which will be paid on Friday, October 1st. Investors of record on Wednesday, September 15th will be paid a dividend of $0.068 per share. This represents a $0.82 annualized dividend and a yield of 4.56%. The ex-dividend date is Tuesday, September 14th.
About Nuveen AMT-Free Municipal Credit Income Fund
Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund operates as a closed-end investment fund/investment trust. Its investment objective is to provide current income exempt from regular federal income tax and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the fund’s investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
See Also: Stock Symbols and CUSIP Explained
Receive News & Ratings for Nuveen AMT-Free Municipal Credit Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen AMT-Free Municipal Credit Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.