Nuveen Multi-Market Income Fund (NYSE:JMM) Short Interest Down 22.9% in October

Nuveen Multi-Market Income Fund (NYSE:JMM) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 2,700 shares, a decrease of 22.9% from the October 15th total of 3,500 shares. Based on an average daily trading volume, of 8,800 shares, the short-interest ratio is presently 0.3 days.

Nuveen Multi-Market Income Fund Stock Down 0.6 %

JMM opened at $6.08 on Friday. Nuveen Multi-Market Income Fund has a 52 week low of $5.59 and a 52 week high of $6.47. The business has a 50 day moving average price of $6.20 and a two-hundred day moving average price of $6.09.

Nuveen Multi-Market Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $0.0275 per share. This represents a $0.33 annualized dividend and a dividend yield of 5.43%. The ex-dividend date is Friday, November 15th.

About Nuveen Multi-Market Income Fund

Nuveen Multi-Market 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 the United States. The fund seeks to invest in securities of companies operating across diversified sectors.