Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Short Interest Update

by · The Markets Daily

Nuveen Municipal Value Fund, Inc. (NYSE:NUV – Get Free Report) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 291,053 shares, a drop of 39.4% from the July 30th total of 480,586 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 518,870 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in NUV. Citadel Advisors LLC purchased a new position in shares of Nuveen Municipal Value Fund in the 2nd quarter valued at about $155,000. Corient Private Wealth LP grew its position in Nuveen Municipal Value Fund by 160.8% during the second quarter. Corient Private Wealth LP now owns 28,568 shares of the closed-end fund’s stock worth $263,000 after buying an additional 17,612 shares during the period. HighTower Advisors LLC increased its holdings in Nuveen Municipal Value Fund by 5.7% in the second quarter. HighTower Advisors LLC now owns 122,640 shares of the closed-end fund’s stock valued at $1,131,000 after buying an additional 6,662 shares in the last quarter. Readystate Asset Management LP acquired a new stake in shares of Nuveen Municipal Value Fund during the 2nd quarter valued at approximately $119,000. Finally, High Net Worth Advisory Group LLC boosted its stake in shares of Nuveen Municipal Value Fund by 5.9% during the 2nd quarter. High Net Worth Advisory Group LLC now owns 130,200 shares of the closed-end fund’s stock worth $1,200,000 after acquiring an additional 7,200 shares in the last quarter. 22.50% of the stock is owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Price Performance

NUV stock traded down $0.04 during trading on Wednesday, hitting $8.91. 257,213 shares of the company’s stock were exchanged, compared to its average volume of 503,287. The business has a 50-day moving average price of $9.09 and a two-hundred day moving average price of $9.12. Nuveen Municipal Value Fund has a 52-week low of $8.68 and a 52-week high of $9.26.

Nuveen Municipal Value Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a $0.0325 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Tuesday, September 15th.

About Nuveen Municipal Value Fund

(Get Free Report)

The Nuveen Municipal Value Fund (NYSE:NUV) is a closed-end management investment company that seeks to provide its shareholders with current income exempt from regular federal income tax. The fund primarily invests in investment-grade municipal securities, including bonds and other debt obligations issued by state, municipal, and local governments across the United States. Through its diversified portfolio, NUV aims to deliver a stable stream of tax-advantaged income while preserving capital.

NUV’s investment strategy focuses on long-term municipal bonds, selecting securities based on credit quality, yield potential, and sector diversification.

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