Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) Short Interest Update

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 197,600 shares, a decrease of 16.8% from the February 13th total of 237,400 shares. Based on an average daily volume of 604,400 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Nuveen AMT-Free Municipal Credit Income Fund

Several large investors have recently modified their holdings of the stock. Captrust Financial Advisors increased its stake in shares of Nuveen AMT-Free Municipal Credit Income Fund by 0.8% during the fourth quarter. Captrust Financial Advisors now owns 105,616 shares of the company’s stock worth $1,295,000 after acquiring an additional 804 shares during the period. Community Bank N.A. increased its position in Nuveen AMT-Free Municipal Credit Income Fund by 25.0% during the 4th quarter. Community Bank N.A. now owns 5,000 shares of the company’s stock worth $61,000 after purchasing an additional 1,000 shares during the period. XML Financial LLC increased its position in Nuveen AMT-Free Municipal Credit Income Fund by 9.0% during the 4th quarter. XML Financial LLC now owns 12,156 shares of the company’s stock worth $149,000 after purchasing an additional 1,003 shares during the period. Kercheville Advisors LLC lifted its holdings in shares of Nuveen AMT-Free Municipal Credit Income Fund by 4.2% in the 4th quarter. Kercheville Advisors LLC now owns 25,499 shares of the company’s stock valued at $313,000 after buying an additional 1,027 shares during the period. Finally, Melone Private Wealth LLC boosted its stake in shares of Nuveen AMT-Free Municipal Credit Income Fund by 1.6% in the fourth quarter. Melone Private Wealth LLC now owns 74,188 shares of the company’s stock valued at $910,000 after buying an additional 1,176 shares in the last quarter.

Nuveen AMT-Free Municipal Credit Income Fund Trading Down 0.7 %

NYSE NVG traded down $0.08 during trading on Wednesday, reaching $12.26. The company’s stock had a trading volume of 403,017 shares, compared to its average volume of 570,253. The business’s fifty day moving average price is $12.57 and its 200-day moving average price is $12.81. Nuveen AMT-Free Municipal Credit Income Fund has a twelve month low of $11.51 and a twelve month high of $13.56.

Nuveen AMT-Free Municipal Credit Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a $0.079 dividend. This represents a $0.95 annualized dividend and a yield of 7.73%. The ex-dividend date is Friday, March 14th.

About Nuveen AMT-Free Municipal Credit Income Fund

Nuveen AMT-Free Municipal Credit 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 invests in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody’s, or Fitch, and that have an average maturity of 17.02 years.