Short Interest in Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) Decreases By 40.0%

Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX - Get Free Report) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 21,900 shares, a decrease of 40.0% from the March 31st total of 36,500 shares. Based on an average daily volume of 175,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company's shares are short sold.

Institutional Investors Weigh In On Nuveen Nasdaq 100 Dynamic Overwrite Fund

Large investors have recently bought and sold shares of the company. CoreFirst Bank & Trust acquired a new stake in Nuveen Nasdaq 100 Dynamic Overwrite Fund during the 4th quarter worth $36,000. FNY Investment Advisers LLC bought a new stake in Nuveen Nasdaq 100 Dynamic Overwrite Fund during the 1st quarter worth approximately $90,000. Griffin Asset Management Inc. bought a new stake in Nuveen Nasdaq 100 Dynamic Overwrite Fund during the 4th quarter worth approximately $205,000. Left Brain Wealth Management LLC acquired a new stake in Nuveen Nasdaq 100 Dynamic Overwrite Fund during the 4th quarter worth approximately $207,000. Finally, Hennion & Walsh Asset Management Inc. bought a new position in Nuveen Nasdaq 100 Dynamic Overwrite Fund in the fourth quarter valued at approximately $211,000. Institutional investors own 23.62% of the company's stock.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Price Performance

QQQX traded up $0.13 during midday trading on Friday, reaching $24.33. 31,816 shares of the company were exchanged, compared to its average volume of 121,718. Nuveen Nasdaq 100 Dynamic Overwrite Fund has a one year low of $20.34 and a one year high of $27.95. The stock's 50-day simple moving average is $23.77 and its 200 day simple moving average is $25.61.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were issued a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 9.21%. The ex-dividend date of this dividend was Friday, March 14th.

About Nuveen Nasdaq 100 Dynamic Overwrite Fund

Nuveen Nasdaq 100 Dynamic Overwrite Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.