Nuveen California Municipal Value Fund (NCA) Short Interest Ratio & Short Volume

Short interest is the volume of Nuveen California Municipal Value Fund shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 5,700 shares of NCA short. Learn More on Nuveen California Municipal Value Fund's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. NCA shares currently have a short interest ratio of 1.0. Learn More on Nuveen California Municipal Value Fund's short interest ratio.

Nuveen California Municipal Value Fund saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 5,700 shares, a decrease of 87.2% from the previous total of 44,600 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 California Municipal Value Fund: Cohen & Steers Total Return Realty Fund, Inc. (0.03%), WhiteHorse Finance, Inc. (0.75%), MFS Intermediate Income Trust (0.05%), Putnam Managed Municipal Income Trust (0.02%), Liberty All-Star Growth Fund, Inc. (0.05%), PIMCO Strategic Income Fund, Inc. (0.02%), Putnam Municipal Opportunities Trust (4.97%), BlackRock MuniHoldings New York Quality Fund, Inc. (0.17%), MFS Multimarket Income Trust (0.04%), BlackRock MuniYield Michigan Quality Fund, Inc. (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling NCA is an investing strategy that aims to generate trading profit from Nuveen California Municipal Value Fund as its price is falling. NCA shares are trading up $0.02 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 California Municipal Value Fund occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of NCA, 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 NCA, twice per month. The most recent reporting period available is March, 31 2024.