Nuveen Intermediate Duration Municipal Term Fund (NID) Short Interest Ratio & Short Volume

Short interest is the volume of Nuveen Intermediate Duration Municipal Term Fund shares that have been sold short but have not yet been covered or closed out. As of March 15th, investors have sold 21,500 shares of NID short. Learn More on Nuveen Intermediate Duration Municipal Term Fund's current short interest.

Nuveen Intermediate Duration Municipal Term Fund saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 21,500 shares, a decrease of 19.5% from the previous total of 26,700 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 sector of "finance" compare to Nuveen Intermediate Duration Municipal Term Fund: Bain Capital Specialty Finance, Inc. (0.19%), Banco Macro S.A. (1.52%), BlackRock TCP Capital Corp. (1.44%), Burford Capital Limited (0.58%), Grupo Financiero Galicia S.A. (2.52%), Intercorp Financial Services Inc. (0.47%), Itaú Unibanco Holding S.A. (0.43%), Monroe Capital Co. (0.27%), Northeast Bank (1.10%), Pioneer Bancorp, Inc. (0.32%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($3.66 billion), Occidental Petroleum Co. ($2.62 billion), Coinbase Global, Inc. ($2.38 billion), T. Rowe Price Group, Inc. ($2.13 billion), Verisk Analytics, Inc. ($2.08 billion), Snowflake Inc. ($1.95 billion), Paramount Global ($1.78 billion), Etsy, Inc. ($1.60 billion), Teck Resources Limited ($1.51 billion), and Voya Financial, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling NID is an investing strategy that aims to generate trading profit from Nuveen Intermediate Duration Municipal Term Fund as its price is falling. 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 Intermediate Duration Municipal Term 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 NID, 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 NID, twice per month. The most recent reporting period available is March, 15 2023.