Short Interest in Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Decreases By 51.8%

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) was the target of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 37,200 shares, a decrease of 51.8% from the January 31st total of 77,200 shares. Based on an average trading volume of 28,800 shares, the short-interest ratio is presently 1.3 days.

Nuveen Virginia Quality Municipal Income Fund Stock Performance

Shares of NPV stock traded down $0.01 during trading hours on Monday, reaching $12.60. The company had a trading volume of 35,349 shares, compared to its average volume of 27,289. Nuveen Virginia Quality Municipal Income Fund has a one year low of $10.47 and a one year high of $13.72. The business has a fifty day moving average price of $12.62 and a 200-day moving average price of $12.73.

Nuveen Virginia Quality Municipal Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a $0.072 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.86 annualized dividend and a yield of 6.86%.

Institutional Trading of Nuveen Virginia Quality Municipal Income Fund

Several large investors have recently added to or reduced their stakes in the business. Elequin Capital LP purchased a new position in Nuveen Virginia Quality Municipal Income Fund during the fourth quarter valued at $32,000. Cary Street Partners Financial LLC bought a new position in shares of Nuveen Virginia Quality Municipal Income Fund during the 4th quarter valued at approximately $207,000. Raymond James Financial Inc. purchased a new position in shares of Nuveen Virginia Quality Municipal Income Fund in the 4th quarter worth $1,036,000. Wells Fargo & Company MN grew its position in Nuveen Virginia Quality Municipal Income Fund by 17.3% in the fourth quarter. Wells Fargo & Company MN now owns 221,615 shares of the financial services provider’s stock worth $2,803,000 after acquiring an additional 32,719 shares in the last quarter. Finally, Atria Wealth Solutions Inc. boosted its holdings in shares of Nuveen Virginia Quality Municipal Income Fund by 10.6% in the 4th quarter. Atria Wealth Solutions Inc. now owns 22,951 shares of the financial services provider’s stock worth $290,000 after purchasing an additional 2,200 shares during the period. 11.68% of the stock is currently owned by institutional investors.

Nuveen Virginia Quality Municipal Income Fund Company Profile

Nuveen Virginia 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 Virginia. The fund invests primarily in municipal securities rated Baa/BBB or better.