Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Short Interest Update

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV - Get Free Report) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totalling 7,500 shares, a decline of 19.4% from the April 15th total of 9,300 shares. Based on an average daily trading volume, of 31,700 shares, the short-interest ratio is presently 0.2 days.

Nuveen Virginia Quality Municipal Income Fund Price Performance

Shares of Nuveen Virginia Quality Municipal Income Fund stock remained flat at $10.77 during mid-day trading on Monday. The company's stock had a trading volume of 17,554 shares, compared to its average volume of 34,392. The company has a fifty day moving average price of $10.85 and a 200-day moving average price of $10.65. Nuveen Virginia Quality Municipal Income Fund has a fifty-two week low of $8.92 and a fifty-two week high of $11.23.

Nuveen Virginia Quality Municipal Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be given a $0.045 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date of this dividend is Tuesday, May 14th.

Hedge Funds Weigh In On Nuveen Virginia Quality Municipal Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of NPV. Fiera Capital Corp purchased a new stake in Nuveen Virginia Quality Municipal Income Fund in the 4th quarter valued at $3,876,000. DAVENPORT & Co LLC grew its holdings in shares of Nuveen Virginia Quality Municipal Income Fund by 10.8% in the fourth quarter. DAVENPORT & Co LLC now owns 171,872 shares of the financial services provider's stock valued at $1,853,000 after purchasing an additional 16,690 shares during the period. Robinson Capital Management LLC increased its position in Nuveen Virginia Quality Municipal Income Fund by 62.7% during the fourth quarter. Robinson Capital Management LLC now owns 161,056 shares of the financial services provider's stock worth $1,733,000 after purchasing an additional 62,082 shares during the last quarter. Matisse Capital purchased a new position in Nuveen Virginia Quality Municipal Income Fund during the fourth quarter worth about $1,619,000. Finally, Wolverine Asset Management LLC raised its stake in Nuveen Virginia Quality Municipal Income Fund by 16.4% during the third quarter. Wolverine Asset Management LLC now owns 111,528 shares of the financial services provider's stock worth $1,060,000 after purchasing an additional 15,747 shares during the period. 11.68% of the stock is currently owned by institutional investors and hedge funds.

About Nuveen Virginia Quality Municipal Income Fund

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.

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