Nuveen Missouri Quality Municipal Income Fund (NYSE:NOM) Sees Significant Decline in Short Interest

Nuveen Missouri Quality Municipal Income Fund (NYSE:NOM) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 15,100 shares, a decrease of 25.6% from the December 15th total of 20,300 shares. Based on an average daily volume of 7,000 shares, the days-to-cover ratio is currently 2.2 days.

Nuveen Missouri Quality Municipal Income Fund Price Performance

Shares of NYSE NOM traded down $0.21 during trading hours on Wednesday, reaching $11.29. 5,295 shares of the stock were exchanged, compared to its average volume of 5,587. The stock’s fifty day simple moving average is $11.18 and its 200 day simple moving average is $10.85. Nuveen Missouri Quality Municipal Income Fund has a 52 week low of $9.83 and a 52 week high of $12.25.

Nuveen Missouri Quality Municipal Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.0675 per share. This represents a $0.81 annualized dividend and a yield of 7.17%. The ex-dividend date of this dividend is Wednesday, January 15th.

Institutional Investors Weigh In On Nuveen Missouri Quality Municipal Income Fund

A hedge fund recently bought a new stake in Nuveen Missouri Quality Municipal Income Fund stock. Whitebox Advisors LLC purchased a new position in shares of Nuveen Missouri Quality Municipal Income Fund (NYSE:NOM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 11,831 shares of the company’s stock, valued at approximately $122,000. Whitebox Advisors LLC owned 0.50% of Nuveen Missouri Quality Municipal Income Fund as of its most recent filing with the Securities and Exchange Commission (SEC). 14.77% of the stock is currently owned by institutional investors and hedge funds.

Nuveen Missouri Quality Municipal Income Fund Company Profile

Nuveen Missouri 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 Missouri. The fund invests in undervalued municipal securities and other related investments the income from which is exempt from regular federal and Missouri income taxes.