Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) Short Interest Down 43.9% in February

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 37,100 shares, a decline of 43.9% from the January 31st total of 66,100 shares. Based on an average trading volume of 180,300 shares, the short-interest ratio is presently 0.2 days.

Insider Buying and Selling at Nuveen S&P 500 Buy-Write Income Fund

In other news, VP David J. Lamb sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $14.20, for a total transaction of $42,600.00. Following the completion of the transaction, the vice president now directly owns 806 shares in the company, valued at approximately $11,445.20. The trade was a 78.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Hedge Funds Weigh In On Nuveen S&P 500 Buy-Write Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC acquired a new stake in Nuveen S&P 500 Buy-Write Income Fund in the third quarter worth approximately $2,263,000. Focused Wealth Management Inc lifted its position in Nuveen S&P 500 Buy-Write Income Fund by 1.8% in the third quarter. Focused Wealth Management Inc now owns 278,067 shares of the financial services provider’s stock worth $3,815,000 after purchasing an additional 4,794 shares during the period. Blake Schutter Theil Wealth Advisors LLC acquired a new stake in Nuveen S&P 500 Buy-Write Income Fund in the third quarter worth approximately $892,000. Lindbrook Capital LLC lifted its position in Nuveen S&P 500 Buy-Write Income Fund by 45.5% in the third quarter. Lindbrook Capital LLC now owns 689,638 shares of the financial services provider’s stock worth $9,462,000 after purchasing an additional 215,808 shares during the period. Finally, Prospera Financial Services Inc lifted its position in Nuveen S&P 500 Buy-Write Income Fund by 1.2% in the third quarter. Prospera Financial Services Inc now owns 96,371 shares of the financial services provider’s stock worth $1,322,000 after purchasing an additional 1,116 shares during the period.

Nuveen S&P 500 Buy-Write Income Fund Trading Down 1.1 %

Shares of NYSE BXMX opened at $13.70 on Tuesday. The stock has a 50 day simple moving average of $14.02 and a 200-day simple moving average of $13.82. Nuveen S&P 500 Buy-Write Income Fund has a 12-month low of $12.45 and a 12-month high of $14.34.

About Nuveen S&P 500 Buy-Write Income Fund

Nuveen S&P 500 Buy-Write Income Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc It is co-managed by Nuveen Fund Advisors LLC and Gateway Investment Advisers, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.