Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) Short Interest Down 16.4% in November

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 195,600 shares, a decrease of 16.4% from the October 31st total of 234,100 shares. Based on an average daily trading volume, of 1,059,300 shares, the short-interest ratio is currently 0.2 days.

Nuveen AMT-Free Quality Municipal Income Fund Price Performance

NYSE:NEA opened at $11.89 on Monday. Nuveen AMT-Free Quality Municipal Income Fund has a 52 week low of $10.53 and a 52 week high of $12.06. The firm has a 50 day moving average of $11.72 and a 200 day moving average of $11.53.

Nuveen AMT-Free Quality Municipal Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be given a $0.073 dividend. This represents a $0.88 annualized dividend and a dividend yield of 7.37%. The ex-dividend date is Friday, November 15th.

Hedge Funds Weigh In On Nuveen AMT-Free Quality Municipal Income Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Coastline Trust Co acquired a new position in shares of Nuveen AMT-Free Quality Municipal Income Fund in the 3rd quarter valued at about $25,000. Luken Investment Analytics LLC purchased a new position in Nuveen AMT-Free Quality Municipal Income Fund in the 2nd quarter valued at about $27,000. Eastern Bank purchased a new position in Nuveen AMT-Free Quality Municipal Income Fund in the 3rd quarter valued at $28,000. Hobbs Group Advisors LLC acquired a new stake in Nuveen AMT-Free Quality Municipal Income Fund in the 2nd quarter valued at about $29,000. Finally, FSA Wealth Management LLC purchased a new position in shares of Nuveen AMT-Free Quality Municipal Income Fund during the 3rd quarter worth $36,000.

Nuveen AMT-Free Quality Municipal Income Fund Company Profile

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.