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 closed out or covered. As of April 15th, investors have sold 2,600 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 April. As of April 15th, there was short interest totaling 2,600 shares, a decrease of 33.3% from the previous total of 3,900 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: The Korea Fund, Inc. (0.18%), High Income Securities Fund (0.12%), Nuveen Select Maturities Municipal Fund (0.06%), MFS High Income Municipal Trust (0.06%), DWS Strategic Municipal Income Trust (0.89%), Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (0.04%), PCM Fund Inc. (0.56%), SuRo Capital Corp. (0.11%), MFS Government Markets Income Trust (0.66%), The Gabelli Multimedia Trust Inc. (0.67%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 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 down $0.05 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 April, 15 2024.