Nuveen California Municipal Va (NYSE:NCA) Short Interest Update

Nuveen California Municipal Va (NYSE:NCA - Get Free Report) saw a large decrease in short interest in May. As of May 31st, there was short interest totalling 60,100 shares, a decrease of 35.0% from the May 15th total of 92,500 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 81,500 shares, the short-interest ratio is presently 0.7 days.

Nuveen California Municipal Va Stock Down 0.1%

NCA stock traded down $0.01 during mid-day trading on Friday, reaching $8.45. The company's stock had a trading volume of 47,850 shares, compared to its average volume of 83,582. The company's 50 day moving average is $8.44 and its two-hundred day moving average is $8.53. Nuveen California Municipal Va has a fifty-two week low of $8.22 and a fifty-two week high of $9.23.

Nuveen California Municipal Va Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 13th will be issued a $0.029 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.35 annualized dividend and a dividend yield of 4.12%.

Hedge Funds Weigh In On Nuveen California Municipal Va

Institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC acquired a new stake in shares of Nuveen California Municipal Va in the 4th quarter worth $1,137,000. Atria Wealth Solutions Inc. purchased a new stake in shares of Nuveen California Municipal Va in the fourth quarter valued at about $533,000. Wolverine Asset Management LLC increased its position in Nuveen California Municipal Va by 46.9% during the fourth quarter. Wolverine Asset Management LLC now owns 80,597 shares of the company's stock worth $681,000 after purchasing an additional 25,744 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Nuveen California Municipal Va by 27.9% during the fourth quarter. Jones Financial Companies Lllp now owns 17,855 shares of the company's stock worth $151,000 after purchasing an additional 3,898 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in Nuveen California Municipal Va during the fourth quarter worth about $1,107,000. Hedge funds and other institutional investors own 21.46% of the company's stock.

About Nuveen California Municipal Va

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