Nuveen Multi-Market Income Fund (NYSE:JMM) Short Interest Update

Nuveen Multi-Market Income Fund (NYSE:JMM) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 8,500 shares, an increase of 165.6% from the September 15th total of 3,200 shares. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is presently 1.4 days.

Nuveen Multi-Market Income Fund Trading Down 0.6 %

NYSE:JMM opened at $6.20 on Friday. Nuveen Multi-Market Income Fund has a 12-month low of $5.29 and a 12-month high of $6.47. The stock has a 50-day moving average price of $6.25 and a 200 day moving average price of $6.07.

Nuveen Multi-Market Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be paid a $0.0275 dividend. The ex-dividend date is Tuesday, October 15th. This represents a $0.33 dividend on an annualized basis and a yield of 5.32%.

About Nuveen Multi-Market Income Fund

Nuveen Multi-Market Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.