Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Stock Short Interest Report for October

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 6,719 shares, a decrease of 54.7% from the September 30th total of 14,828 shares. Based on an average trading volume of 118,532 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Nuveen Virginia Quality Municipal Income Fund Stock Up 0.3%

Shares of NYSE:NPV traded up $0.03 on Friday, hitting $9.80. The stock had a trading volume of 136,225 shares, compared to its average volume of 127,391. The firm’s 50 day moving average price is $9.79 and its 200-day moving average price is $10.96. Nuveen Virginia Quality Municipal Income Fund has a twelve month low of $9.05 and a twelve month high of $11.81.

Nuveen Virginia Quality Municipal Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 15th will be issued a dividend of $0.0615 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $0.74 annualized dividend and a dividend yield of 7.5%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Ackerman Capital Advisors LLC acquired a new position in Nuveen Virginia Quality Municipal Income Fund in the third quarter worth $198,000. Ameritas Advisory Services LLC acquired a new stake in shares of Nuveen Virginia Quality Municipal Income Fund in the second quarter valued at $29,000. Bank of America Corp DE acquired a new stake in shares of Nuveen Virginia Quality Municipal Income Fund in the second quarter valued at $639,000. Maloon Powers Pitre Higgins & Dennehy LLC bought a new position in shares of Nuveen Virginia Quality Municipal Income Fund in the second quarter valued at about $213,000. Finally, Royal Bank of Canada raised its holdings in shares of Nuveen Virginia Quality Municipal Income Fund by 5.0% in the first quarter. Royal Bank of Canada now owns 26,514 shares of the financial services provider’s stock valued at $300,000 after buying an additional 1,268 shares during the last quarter. 11.68% of the stock is owned by institutional investors and hedge funds.

Nuveen Virginia Quality Municipal Income Fund Company Profile

Nuveen Virginia Quality Municipal Income Fund (NYSE: NPV) is a closed-end fund managed by Nuveen, an investment management firm specializing in municipal and other income-oriented investments. The fund is designed to provide current income that is generally exempt from regular federal income tax and Virginia personal income tax.

To pursue its objective, the fund invests primarily in investment-grade municipal bonds and other tax-exempt obligations issued by the Commonwealth of Virginia, its municipalities, counties, public authorities and other governmental entities.