Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) Short Interest Update

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 57,700 shares, a decline of 16.6% from the December 31st total of 69,200 shares. Based on an average daily volume of 226,300 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Nuveen New York AMT-Free Quality Municipal Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Private Advisor Group LLC boosted its holdings in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 8.8% during the third quarter. Private Advisor Group LLC now owns 17,300 shares of the financial services provider’s stock worth $194,000 after purchasing an additional 1,398 shares during the period. Breakwater Capital Group boosted its stake in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 4.0% during the 4th quarter. Breakwater Capital Group now owns 50,943 shares of the financial services provider’s stock valued at $533,000 after buying an additional 1,979 shares during the period. Clear Creek Financial Management LLC grew its holdings in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 29.2% during the 3rd quarter. Clear Creek Financial Management LLC now owns 16,800 shares of the financial services provider’s stock valued at $188,000 after acquiring an additional 3,800 shares in the last quarter. Horizon Kinetics Asset Management LLC increased its stake in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 6.9% in the third quarter. Horizon Kinetics Asset Management LLC now owns 71,483 shares of the financial services provider’s stock worth $801,000 after acquiring an additional 4,587 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 0.8% during the third quarter. HighTower Advisors LLC now owns 659,890 shares of the financial services provider’s stock worth $7,392,000 after acquiring an additional 5,470 shares in the last quarter.

Nuveen New York AMT-Free Quality Municipal Income Fund Trading Up 0.1 %

Shares of NYSE NRK traded up $0.01 during mid-day trading on Friday, hitting $10.53. 265,784 shares of the company traded hands, compared to its average volume of 199,489. The business has a 50 day moving average of $10.63 and a two-hundred day moving average of $10.90. Nuveen New York AMT-Free Quality Municipal Income Fund has a 1 year low of $10.23 and a 1 year high of $11.36.

Nuveen New York AMT-Free Quality Municipal Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.069 per share. This represents a $0.83 annualized dividend and a yield of 7.86%. The ex-dividend date is Wednesday, January 15th.

About Nuveen New York AMT-Free Quality Municipal Income Fund

Nuveen New York AMT-Free 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 New York. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years.