Nuveen Arizona Quality Municipal Income Fund (NAZ) Short Interest Ratio & Short Volume

Short interest is the volume of Nuveen Arizona Quality Municipal Income Fund shares that have been sold short but have not yet been covered or closed out. As of September 15th, traders have sold 2,800 shares of NAZ short. Learn More on Nuveen Arizona Quality Municipal Income Fund's current short interest.

Nuveen Arizona Quality Municipal Income Fund saw a decrease in short interest in September. As of September 15th, there was short interest totaling 2,800 shares, a decrease of 45.1% from the previous total of 5,100 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to Nuveen Arizona Quality Municipal Income Fund: High Income Securities Fund (0.14%), John Hancock Investors Trust (0.12%), John Hancock Income Securities Trust (0.08%), Western Asset Investment Grade Income Fund Inc. (0.04%), Nuveen Select Maturities Municipal Fund (0.26%), The Korea Fund, Inc. (0.00%), Special Opportunities Fund, Inc. (0.04%), MFS High Income Municipal Trust (0.03%), MFS Government Markets Income Trust (0.01%), The Swiss Helvetia Fund Inc. (0.07%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($8.05 billion), T-Mobile US, Inc. ($3.94 billion), Charter Communications, Inc. ($3.77 billion), Occidental Petroleum Co. ($3.27 billion), Tractor Supply ($2.29 billion), Celsius Holdings, Inc. ($2.20 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($2.08 billion), Royal Caribbean Cruises Ltd. ($1.90 billion), and T. Rowe Price Group, Inc. ($1.90 billion). View all of the most shorted stocks.

Short selling NAZ is an investing strategy that aims to generate trading profit from Nuveen Arizona Quality Municipal Income Fund as its price is falling. NAZ shares are trading up $0.04 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Nuveen Arizona Quality Municipal Income Fund occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of NAZ, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including NAZ, twice per month. The most recent reporting period available is September, 15 2023.