Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) Short Interest Update

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 148,497 shares, a growth of 34.9% from the January 15th total of 110,040 shares. Based on an average daily volume of 351,897 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 351,897 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Nuveen New York AMT-Free Quality Municipal Income Fund

Institutional investors have recently made changes to their positions in the company. First Horizon Corp bought a new position in Nuveen New York AMT-Free Quality Municipal Income Fund during the third quarter valued at $26,000. CWM LLC increased its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 1,205.5% in the 3rd quarter. CWM LLC now owns 3,786 shares of the financial services provider’s stock worth $39,000 after acquiring an additional 3,496 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund during the fourth quarter worth about $44,000. Elyxium Wealth LLC bought a new position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund in the 4th quarter worth $69,000. Finally, Kestra Advisory Services LLC purchased a new stake in Nuveen New York AMT-Free Quality Municipal Income Fund during the fourth quarter valued at about $79,000.

Nuveen New York AMT-Free Quality Municipal Income Fund Stock Performance

Shares of NRK stock traded down $0.03 during mid-day trading on Monday, reaching $10.22. 498,136 shares of the stock traded hands, compared to its average volume of 405,555. Nuveen New York AMT-Free Quality Municipal Income Fund has a 1-year low of $9.30 and a 1-year high of $10.75. The stock’s fifty day simple moving average is $10.13 and its two-hundred day simple moving average is $10.00.

Nuveen New York AMT-Free Quality Municipal Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be given a dividend of $0.069 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend is Friday, February 13th.

Nuveen New York AMT-Free Quality Municipal Income Fund Company Profile

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE: NRK) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State personal income taxes, including the alternative minimum tax. The fund primarily invests in investment-grade municipal securities issued by or on behalf of public authorities and municipalities located in New York. Its portfolio is broadly diversified across metropolitan areas, local school districts, transportation authorities and other state and local entities.

Managed by Nuveen Asset Management LLC, a subsidiary of TIAA that specializes in municipal bond investing, NRK employs a disciplined, quality-focused approach to security selection.