Nuveen Massachusetts Pre Income Mun Fd (NYSE:NMT) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totalling 600 shares, a decline of 40.0% from the February 27th total of 1,000 shares. Based on an average daily volume of 10,500 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.
Shares of NMT stock traded up $0.46 during mid-day trading on Thursday, hitting $13.93. The company’s stock had a trading volume of 25,400 shares, compared to its average volume of 17,381. Nuveen Massachusetts Pre Income Mun Fd has a 52-week low of $11.25 and a 52-week high of $14.51. The business has a 50-day moving average price of $13.77 and a 200 day moving average price of $14.04.
The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be paid a $0.041 dividend. This represents a $0.49 annualized dividend and a dividend yield of 3.53%. The ex-dividend date of this dividend is Thursday, March 12th.
Nuveen Massachusetts Pre Income Mun Fd Company Profile
Nuveen Massachusetts 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 Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes.
Featured Story: What is a Derivative?
Receive News & Ratings for Nuveen Massachusetts Pre Income Mun Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Massachusetts Pre Income Mun Fd and related companies with MarketBeat.com's FREE daily email newsletter.