Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Short Interest Update

Key Points

• Short interest surged 74.8% to 480,586 shares as of July 31, representing approximately 0.2% of NUV’s outstanding shares and a short-interest ratio of 1.0 days.
• NUV shares declined 0.5% to $9.02, trading within a 12-month range of $8.55 to $9.26.
• The fund declared a monthly dividend of $0.0325 per share, payable September 1 to shareholders of record August 14, implying an annualized yield of about 4.3%; institutional investors own 22.5% of the shares.

Nuveen Municipal Value Fund, Inc. (NYSE:NUV - Get Free Report) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 480,586 shares, a growth of 74.8% from the July 15th total of 274,914 shares. Approximately 0.2% of the company's shares are short sold. Based on an average daily volume of 471,588 shares, the short-interest ratio is presently 1.0 days.

Nuveen Municipal Value Fund Stock Down 0.5%

NUV traded down $0.04 on Monday, reaching $9.02. 275,920 shares of the company's stock were exchanged, compared to its average volume of 506,618. The company's 50 day moving average is $9.13 and its 200-day moving average is $9.13. Nuveen Municipal Value Fund has a twelve month low of $8.55 and a twelve month high of $9.26.

Nuveen Municipal Value Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.0325 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Friday, August 14th.

Institutional Investors Weigh In On Nuveen Municipal Value Fund

Several large investors have recently made changes to their positions in the business. Bank of America Corp DE purchased a new position in shares of Nuveen Municipal Value Fund in the 2nd quarter valued at $288,000. Magnolia Capital Advisors LLC purchased a new stake in Nuveen Municipal Value Fund during the 2nd quarter worth $608,000. Western Wealth Management LLC acquired a new stake in Nuveen Municipal Value Fund in the 2nd quarter valued at $332,000. Tandem Financial LLC acquired a new stake in Nuveen Municipal Value Fund in the 2nd quarter valued at $1,412,000. Finally, Leigh Baldwin & CO. LLC acquired a new stake in Nuveen Municipal Value Fund in the 2nd quarter valued at $1,027,000. Institutional investors and hedge funds own 22.50% of the company's stock.

About Nuveen Municipal Value Fund

The Nuveen Municipal Value Fund NYSE: NUV is a closed-end management investment company that seeks to provide its shareholders with current income exempt from regular federal income tax. The fund primarily invests in investment-grade municipal securities, including bonds and other debt obligations issued by state, municipal, and local governments across the United States. Through its diversified portfolio, NUV aims to deliver a stable stream of tax-advantaged income while preserving capital.

NUV’s investment strategy focuses on long-term municipal bonds, selecting securities based on credit quality, yield potential, and sector diversification.

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