Nuveen Massachusetts Quality Municipal Income Fund (NMT) Short Interest Ratio & Short Volume

Short interest is the volume of Nuveen Massachusetts Quality Municipal Income Fund shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 22,200 shares of NMT short. Learn More on Nuveen Massachusetts Quality Municipal Income Fund's current short interest.

Nuveen Massachusetts Quality Municipal Income Fund saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 22,200 shares, an increase of 469.2% 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 Massachusetts Quality Municipal Income Fund: The Swiss Helvetia Fund Inc. (0.23%), SuRo Capital Corp. (0.21%), MFS Government Markets Income Trust (0.05%), PCM Fund Inc. (0.11%), Nuveen Municipal Income Fund, Inc. (0.07%), DWS Strategic Municipal Income Trust (0.63%), Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (0.50%), Nuveen Select Maturities Municipal Fund (0.06%), MFS High Income Municipal Trust (0.20%), High Income Securities Fund (0.00%),

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 NMT is an investing strategy that aims to generate trading profit from Nuveen Massachusetts Quality Municipal Income Fund as its price is falling. NMT shares are trading up $0.01 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 Massachusetts 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 NMT, 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 NMT, twice per month. The most recent reporting period available is March, 31 2024.