Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Short Interest Update

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 30,389 shares, an increase of 93.7% from the January 15th total of 15,687 shares. Based on an average daily volume of 34,282 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 34,282 shares, the short-interest ratio is presently 0.9 days.

Nuveen AMT-Free Municipal Value Fund Price Performance

Shares of NYSE NUW traded down $0.13 during mid-day trading on Friday, hitting $14.43. 40,791 shares of the company were exchanged, compared to its average volume of 32,603. The stock has a 50 day simple moving average of $14.39 and a 200-day simple moving average of $14.17. Nuveen AMT-Free Municipal Value Fund has a 1-year low of $13.04 and a 1-year high of $14.62.

Nuveen AMT-Free Municipal Value Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be paid a $0.0485 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Friday, February 13th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in NUW. International Assets Investment Management LLC purchased a new stake in shares of Nuveen AMT-Free Municipal Value Fund during the 4th quarter worth approximately $30,000. Camelot Portfolios LLC purchased a new position in Nuveen AMT-Free Municipal Value Fund in the 4th quarter valued at approximately $51,000. Traub Capital Management LLC acquired a new position in Nuveen AMT-Free Municipal Value Fund during the second quarter worth $65,000. Steward Partners Investment Advisory LLC raised its holdings in Nuveen AMT-Free Municipal Value Fund by 57.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,614 shares of the company’s stock worth $109,000 after purchasing an additional 2,769 shares during the last quarter. Finally, Nomura Holdings Inc. purchased a new stake in Nuveen AMT-Free Municipal Value Fund during the second quarter worth $137,000.

About Nuveen AMT-Free Municipal Value Fund

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.