Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) Short Interest Update

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 66,100 shares, an increase of 208.9% from the January 15th total of 21,400 shares. Based on an average trading volume of 177,200 shares, the days-to-cover ratio is currently 0.4 days.

Nuveen S&P 500 Buy-Write Income Fund Stock Down 0.1 %

Shares of NYSE:BXMX traded down $0.02 during trading on Wednesday, hitting $14.21. The stock had a trading volume of 149,174 shares, compared to its average volume of 183,135. The firm’s fifty day moving average is $14.00 and its 200 day moving average is $13.72. Nuveen S&P 500 Buy-Write Income Fund has a 12 month low of $12.45 and a 12 month high of $14.34.

Nuveen S&P 500 Buy-Write Income Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.2725 per share. This represents a $1.09 dividend on an annualized basis and a dividend yield of 7.67%. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BXMX. CoreFirst Bank & Trust purchased a new position in Nuveen S&P 500 Buy-Write Income Fund in the 4th quarter worth about $26,000. Bangor Savings Bank bought a new stake in Nuveen S&P 500 Buy-Write Income Fund during the fourth quarter valued at approximately $27,000. Private Trust Co. NA increased its holdings in Nuveen S&P 500 Buy-Write Income Fund by 39.4% during the fourth quarter. Private Trust Co. NA now owns 3,539 shares of the financial services provider’s stock valued at $50,000 after buying an additional 1,000 shares during the last quarter. CWM LLC raised its position in Nuveen S&P 500 Buy-Write Income Fund by 581.3% in the third quarter. CWM LLC now owns 6,663 shares of the financial services provider’s stock worth $91,000 after acquiring an additional 5,685 shares during the period. Finally, World Investment Advisors bought a new stake in shares of Nuveen S&P 500 Buy-Write Income Fund during the 4th quarter valued at $144,000.

About Nuveen S&P 500 Buy-Write Income Fund

Nuveen S&P 500 Buy-Write Income Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc It is co-managed by Nuveen Fund Advisors LLC and Gateway Investment Advisers, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.