Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) Short Interest Down 40.0% in February

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 216,500 shares, a decrease of 40.0% from the February 13th total of 360,700 shares. Based on an average daily trading volume, of 1,087,700 shares, the days-to-cover ratio is currently 0.2 days.

Nuveen AMT-Free Quality Municipal Income Fund Stock Down 1.0 %

NYSE:NEA traded down $0.12 during trading hours on Friday, hitting $11.26. The company had a trading volume of 778,943 shares, compared to its average volume of 973,889. The company has a 50-day moving average of $11.43 and a 200 day moving average of $11.57. Nuveen AMT-Free Quality Municipal Income Fund has a 1 year low of $10.53 and a 1 year high of $12.06.

Nuveen AMT-Free Quality Municipal Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a $0.073 dividend. This represents a $0.88 annualized dividend and a yield of 7.78%. The ex-dividend date is Friday, March 14th.

Institutional Trading of Nuveen AMT-Free Quality Municipal Income Fund

Several large investors have recently added to or reduced their stakes in NEA. Bramshill Investments LLC grew its holdings in shares of Nuveen AMT-Free Quality Municipal Income Fund by 27.5% during the 4th quarter. Bramshill Investments LLC now owns 4,356,813 shares of the company’s stock worth $49,145,000 after purchasing an additional 939,948 shares during the period. Mackay Shields LLC boosted its holdings in Nuveen AMT-Free Quality Municipal Income Fund by 0.9% during the 4th quarter. Mackay Shields LLC now owns 4,041,001 shares of the company’s stock valued at $45,582,000 after acquiring an additional 36,981 shares during the period. Wells Fargo & Company MN boosted its holdings in Nuveen AMT-Free Quality Municipal Income Fund by 81.9% during the 4th quarter. Wells Fargo & Company MN now owns 2,997,374 shares of the company’s stock valued at $33,810,000 after acquiring an additional 1,349,195 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Nuveen AMT-Free Quality Municipal Income Fund in the 4th quarter valued at about $23,264,000. Finally, Pathstone Holdings LLC boosted its stake in shares of Nuveen AMT-Free Quality Municipal Income Fund by 4.9% in the 3rd quarter. Pathstone Holdings LLC now owns 2,027,511 shares of the company’s stock valued at $24,271,000 after buying an additional 94,273 shares during the period.

About Nuveen AMT-Free Quality Municipal Income Fund

Nuveen 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 Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.