Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Short Interest Up 19.1% in February

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 44,300 shares, an increase of 19.1% from the February 13th total of 37,200 shares. Based on an average daily volume of 30,200 shares, the short-interest ratio is presently 1.5 days. Currently, 0.2% of the shares of the stock are short sold.

Nuveen Virginia Quality Municipal Income Fund Stock Performance

Shares of NYSE NPV traded down $0.07 during midday trading on Tuesday, reaching $12.14. The stock had a trading volume of 40,953 shares, compared to its average volume of 35,329. The stock has a 50-day moving average of $12.53 and a 200-day moving average of $12.78. Nuveen Virginia Quality Municipal Income Fund has a 12-month low of $10.47 and a 12-month high of $13.72.

Nuveen Virginia Quality Municipal Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a dividend of $0.072 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 7.12%.

Hedge Funds Weigh In On Nuveen Virginia Quality Municipal Income Fund

A number of hedge funds and other institutional investors have recently modified their holdings of NPV. Elequin Capital LP bought a new position in shares of Nuveen Virginia Quality Municipal Income Fund during the fourth quarter worth $32,000. Cary Street Partners Financial LLC bought a new position in shares of Nuveen Virginia Quality Municipal Income Fund during the fourth quarter worth $207,000. XML Financial LLC boosted its position in shares of Nuveen Virginia Quality Municipal Income Fund by 49.5% during the fourth quarter. XML Financial LLC now owns 22,946 shares of the financial services provider’s stock worth $290,000 after acquiring an additional 7,596 shares during the last quarter. Atria Wealth Solutions Inc. boosted its position in shares of Nuveen Virginia Quality Municipal Income Fund by 10.6% during the fourth quarter. Atria Wealth Solutions Inc. now owns 22,951 shares of the financial services provider’s stock worth $290,000 after acquiring an additional 2,200 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of Nuveen Virginia Quality Municipal Income Fund by 34.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 46,594 shares of the financial services provider’s stock worth $589,000 after acquiring an additional 12,058 shares during the last quarter. Institutional investors own 11.68% of the company’s stock.

Nuveen Virginia Quality Municipal Income Fund Company Profile

Nuveen Virginia Quality Municipal 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 Virginia. The fund invests primarily in municipal securities rated Baa/BBB or better.