Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Short Interest Update

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 10,429 shares, a decrease of 36.9% from the August 15th total of 16,538 shares. Based on an average daily volume of 138,808 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Nuveen Virginia Quality Municipal Income Fund Trading Up 1.1%

Shares of NYSE:NPV traded up $0.11 on Thursday, hitting $9.83. 182,802 shares of the company were exchanged, compared to its average volume of 55,261. Nuveen Virginia Quality Municipal Income Fund has a 1-year low of $9.68 and a 1-year high of $11.81. The stock’s 50 day moving average price is $10.68 and its 200 day moving average price is $11.19.

Nuveen Virginia Quality Municipal Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a $0.0615 dividend. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

Institutional Trading of Nuveen Virginia Quality Municipal Income Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC purchased a new stake in Nuveen Virginia Quality Municipal Income Fund during the 2nd quarter valued at about $29,000. Cetera Investment Advisers increased its holdings in Nuveen Virginia Quality Municipal Income Fund by 8.8% in the 1st quarter. Cetera Investment Advisers now owns 11,327 shares of the financial services provider’s stock worth $128,000 after buying an additional 917 shares during the period. Cary Street Partners Financial LLC raised its position in Nuveen Virginia Quality Municipal Income Fund by 62.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 17,919 shares of the financial services provider’s stock worth $198,000 after buying an additional 6,915 shares during the last quarter. Maloon Powers Pitre Higgins & Dennehy LLC purchased a new stake in shares of Nuveen Virginia Quality Municipal Income Fund in the 2nd quarter valued at $213,000. Finally, D.A. Davidson & CO. increased its stake in shares of Nuveen Virginia Quality Municipal Income Fund by 7.1% in the first quarter. D.A. Davidson & CO. now owns 19,089 shares of the financial services provider’s stock worth $216,000 after acquiring an additional 1,272 shares during the period. Institutional investors and hedge funds own 11.68% of the company’s stock.

About Nuveen Virginia Quality Municipal Income Fund

Nuveen Virginia Quality Municipal Income Fund (NYSE: NPV) is a closed-end investment fund designed to provide current income that is generally exempt from regular federal income tax and Virginia state income tax. The fund invests primarily in municipal securities issued by the Commonwealth of Virginia and its local governments, agencies and other public entities.

Its portfolio may include bonds financing public-purpose projects and services such as education, transportation, utilities, health care and other essential infrastructure.