Nuveen Georgia Quality Municipal Income Fund (NKG) Short Interest Ratio & Short Volume

Short interest is the volume of Nuveen Georgia Quality Municipal Income Fund shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 600 shares of NKG short. Learn More on Nuveen Georgia Quality Municipal Income Fund's current short interest.

Nuveen Georgia Quality Municipal Income Fund saw a decline in short interest in March. As of March 31st, there was short interest totaling 600 shares, a decline of 88.9% from the previous total of 5,400 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 Georgia Quality Municipal Income Fund: American Realty Investors, Inc. (1.34%), Bain Capital Specialty Finance, Inc. (0.26%), Banco Bradesco S.A. (0.00%), Banco Macro S.A. (1.19%), Burford Capital Limited (0.81%), Grupo Financiero Galicia S.A. (3.20%), Intercorp Financial Services Inc. (0.25%), Itaú Unibanco Holding S.A. (0.54%), Monroe Capital Co. (0.34%), Northeast Bank (0.87%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.66 billion), TC Energy Co. ($4.13 billion), Occidental Petroleum Co. ($3.04 billion), Moderna, Inc. ($2.63 billion), Coinbase Global, Inc. ($2.51 billion), T. Rowe Price Group, Inc. ($2.29 billion), Paramount Global ($2.26 billion), Verisk Analytics, Inc. ($2.19 billion), Etsy, Inc. ($1.84 billion), and Voya Financial, Inc. ($1.67 billion). View all of the most shorted stocks.

Short selling NKG is an investing strategy that aims to generate trading profit from Nuveen Georgia Quality Municipal Income Fund as its price is falling. NKG shares are trading down $0.10 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 Georgia Quality Municipal Income 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 NKG, 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 NKG, twice per month. The most recent reporting period available is March, 31 2023.