Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) Short Interest Update

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 11,400 shares, a decline of 24.0% from the February 13th total of 15,000 shares. Based on an average daily volume of 15,200 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Nuveen Minnesota Quality Municipal Income Fund

Institutional investors have recently modified their holdings of the stock. Focus Financial Network Inc. purchased a new stake in Nuveen Minnesota Quality Municipal Income Fund in the 4th quarter valued at $614,000. Gladstone Institutional Advisory LLC purchased a new stake in Nuveen Minnesota Quality Municipal Income Fund in the 4th quarter valued at $254,000. Raymond James Financial Inc. purchased a new stake in Nuveen Minnesota Quality Municipal Income Fund in the 4th quarter valued at $254,000. Vermillion Wealth Management Inc. purchased a new stake in Nuveen Minnesota Quality Municipal Income Fund in the 4th quarter valued at $209,000. Finally, Avantax Advisory Services Inc. purchased a new stake in Nuveen Minnesota Quality Municipal Income Fund in the 4th quarter valued at $136,000.

Nuveen Minnesota Quality Municipal Income Fund Trading Down 0.5 %

NYSE NMS traded down $0.06 on Monday, hitting $12.18. 5,064 shares of the stock were exchanged, compared to its average volume of 14,895. Nuveen Minnesota Quality Municipal Income Fund has a fifty-two week low of $10.62 and a fifty-two week high of $13.76. The company has a 50-day moving average price of $12.37 and a 200-day moving average price of $12.78.

Nuveen Minnesota Quality Municipal Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a dividend of $0.0735 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.88 annualized dividend and a dividend yield of 7.24%.

About Nuveen Minnesota Quality Municipal Income Fund

Nuveen Minnesota Quality Municipal 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 primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes.