Nuveen California Municipal Va (NYSE:NCA) Short Interest Update

Nuveen California Municipal Va (NYSE:NCA) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 103,343 shares, a growth of 41.8% from the January 15th total of 72,889 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 67,641 shares, the short-interest ratio is presently 1.5 days. Based on an average trading volume of 67,641 shares, the short-interest ratio is presently 1.5 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On Nuveen California Municipal Va

Large investors have recently made changes to their positions in the stock. Comerica Bank acquired a new position in Nuveen California Municipal Va during the first quarter worth $62,000. Royal Bank of Canada grew its position in shares of Nuveen California Municipal Va by 4.4% in the 1st quarter. Royal Bank of Canada now owns 144,263 shares of the company’s stock valued at $1,248,000 after acquiring an additional 6,072 shares during the period. Mutual Advisors LLC increased its stake in shares of Nuveen California Municipal Va by 40.6% during the 2nd quarter. Mutual Advisors LLC now owns 39,150 shares of the company’s stock worth $330,000 after purchasing an additional 11,300 shares during the last quarter. D.A. Davidson & CO. raised its holdings in shares of Nuveen California Municipal Va by 40.0% in the 2nd quarter. D.A. Davidson & CO. now owns 26,966 shares of the company’s stock valued at $234,000 after purchasing an additional 7,710 shares during the period. Finally, Atlas Private Wealth Advisors raised its holdings in shares of Nuveen California Municipal Va by 208.5% in the 2nd quarter. Atlas Private Wealth Advisors now owns 100,988 shares of the company’s stock valued at $877,000 after purchasing an additional 68,256 shares during the period. Institutional investors and hedge funds own 21.46% of the company’s stock.

Nuveen California Municipal Va Trading Down 1.4%

NCA opened at $9.30 on Friday. Nuveen California Municipal Va has a 52-week low of $8.22 and a 52-week high of $9.80. The business’s 50-day simple moving average is $9.20 and its 200 day simple moving average is $8.95.

Nuveen California Municipal Va Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be given a dividend of $0.029 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a c) annualized dividend and a dividend yield of 3.7%.

Nuveen California Municipal Va Company Profile

Nuveen California Municipal Value Fund, Inc (NYSE: NCA) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and California state income taxes. The fund pursues its objective by investing substantially all of its assets in a diversified portfolio of municipal securities issued by entities located in or having projects based in California. Its holdings primarily include revenue and general obligation bonds, with an emphasis on investment-grade and select high-yield issues.

The portfolio management team employs a disciplined credit analysis process to assess the financial strength, revenue streams and underlying collateral of each issuer.