Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) Short Interest Update

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 66,100 shares, an increase of 208.9% from the January 15th total of 21,400 shares. Based on an average daily trading volume, of 177,200 shares, the short-interest ratio is presently 0.4 days.

Nuveen S&P 500 Buy-Write Income Fund Stock Performance

Shares of Nuveen S&P 500 Buy-Write Income Fund stock traded down $0.02 on Wednesday, hitting $14.21. 149,174 shares of the company traded hands, compared to its average volume of 183,135. Nuveen S&P 500 Buy-Write Income Fund has a 12-month low of $12.45 and a 12-month high of $14.34. The firm’s 50-day simple moving average is $14.00 and its 200 day simple moving average is $13.72.

Nuveen S&P 500 Buy-Write Income Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.2725 per share. This represents a $1.09 annualized dividend and a yield of 7.67%. The ex-dividend date of this dividend was Friday, December 13th.

Hedge Funds Weigh In On Nuveen S&P 500 Buy-Write Income Fund

Several institutional investors have recently modified their holdings of the company. CoreFirst Bank & Trust bought a new stake in Nuveen S&P 500 Buy-Write Income Fund in the fourth quarter worth $26,000. Bangor Savings Bank purchased a new position in shares of Nuveen S&P 500 Buy-Write Income Fund in the fourth quarter worth about $27,000. Private Trust Co. NA lifted its stake in shares of Nuveen S&P 500 Buy-Write Income Fund by 39.4% in the 4th quarter. Private Trust Co. NA now owns 3,539 shares of the financial services provider’s stock valued at $50,000 after acquiring an additional 1,000 shares during the last quarter. CWM LLC boosted its holdings in Nuveen S&P 500 Buy-Write Income Fund by 581.3% during the 3rd quarter. CWM LLC now owns 6,663 shares of the financial services provider’s stock valued at $91,000 after acquiring an additional 5,685 shares during the period. Finally, World Investment Advisors bought a new position in Nuveen S&P 500 Buy-Write Income Fund during the 4th quarter worth approximately $144,000.

About Nuveen S&P 500 Buy-Write Income Fund

Nuveen S&P 500 Buy-Write Income Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc It is co-managed by Nuveen Fund Advisors LLC and Gateway Investment Advisers, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.