Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Short Interest Update

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 77,200 shares, a decline of 21.5% from the January 15th total of 98,400 shares. Based on an average daily volume of 32,200 shares, the days-to-cover ratio is currently 2.4 days.

Nuveen Virginia Quality Municipal Income Fund Stock Down 1.3 %

Shares of NYSE:NPV opened at $12.42 on Friday. Nuveen Virginia Quality Municipal Income Fund has a 1-year low of $10.47 and a 1-year high of $13.72. The firm’s 50 day simple moving average is $12.83 and its two-hundred day simple moving average is $12.67.

Nuveen Virginia Quality Municipal Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.072 dividend. This represents a $0.86 annualized dividend and a dividend yield of 6.96%. The ex-dividend date of this dividend is Friday, February 14th.

Hedge Funds Weigh In On Nuveen Virginia Quality Municipal Income Fund

Several hedge funds have recently modified their holdings of NPV. XML Financial LLC lifted its holdings in shares of Nuveen Virginia Quality Municipal Income Fund by 49.5% in the fourth quarter. XML Financial LLC now owns 22,946 shares of the financial services provider’s stock worth $290,000 after buying an additional 7,596 shares in the last quarter. Atria Wealth Solutions Inc. lifted its holdings in shares of Nuveen Virginia Quality Municipal Income Fund by 10.6% in the fourth quarter. Atria Wealth Solutions Inc. now owns 22,951 shares of the financial services provider’s stock worth $290,000 after buying an additional 2,200 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Nuveen Virginia Quality Municipal Income Fund by 34.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 46,594 shares of the financial services provider’s stock worth $589,000 after buying an additional 12,058 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Nuveen Virginia Quality Municipal Income Fund in the fourth quarter worth $1,036,000. Finally, Wells Fargo & Company MN lifted its holdings in shares of Nuveen Virginia Quality Municipal Income Fund by 17.3% in the fourth quarter. Wells Fargo & Company MN now owns 221,615 shares of the financial services provider’s stock worth $2,803,000 after buying an additional 32,719 shares in the last quarter. Hedge funds and other institutional investors own 11.68% of the company’s stock.

Nuveen Virginia Quality Municipal Income Fund Company Profile

Nuveen Virginia Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Virginia. The fund invests primarily in municipal securities rated Baa/BBB or better.