Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Stock Short Interest Falls 54.7%

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) saw 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. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 118,532 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Nuveen Virginia Quality Municipal Income Fund

Large investors have recently bought and sold shares of the company. Bank of America Corp DE acquired a new position in Nuveen Virginia Quality Municipal Income Fund in the 2nd quarter valued at about $639,000. Ackerman Capital Advisors LLC purchased a new position in Nuveen Virginia Quality Municipal Income Fund during the third quarter worth about $198,000. Maloon Powers Pitre Higgins & Dennehy LLC purchased a new position in Nuveen Virginia Quality Municipal Income Fund during the second quarter worth about $213,000. Janney Montgomery Scott LLC boosted its stake in Nuveen Virginia Quality Municipal Income Fund by 15.5% during the first quarter. Janney Montgomery Scott LLC now owns 50,661 shares of the financial services provider’s stock worth $574,000 after buying an additional 6,785 shares during the period. Finally, Canal Capital Management LLC increased its position in shares of Nuveen Virginia Quality Municipal Income Fund by 11.6% during the first quarter. Canal Capital Management LLC now owns 27,039 shares of the financial services provider’s stock valued at $306,000 after acquiring an additional 2,810 shares during the last quarter. 11.68% of the stock is currently owned by hedge funds and other institutional investors.

Nuveen Virginia Quality Municipal Income Fund Stock Up 0.3%

NPV stock traded up $0.03 during trading on Friday, hitting $9.80. 136,225 shares of the company traded hands, compared to its average volume of 127,391. The stock’s 50-day simple moving average is $9.79 and its 200 day simple moving average is $10.96. Nuveen Virginia Quality Municipal Income Fund has a 1 year low of $9.05 and a 1 year high of $11.81.

Nuveen Virginia Quality Municipal Income Fund Dividend Announcement

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

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.