Nuveen Sl Tfip (NYSE:NXP) Short Interest Update

Nuveen Sl Tfip (NYSE:NXP) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 89,055 shares, a growth of 165.9% from the August 15th total of 33,494 shares. Based on an average daily trading volume, of 140,939 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the company’s shares are sold short.

Nuveen Sl Tfip Trading Down 0.7%

NXP stock traded down $0.09 during mid-day trading on Monday, hitting $13.66. 181,987 shares of the company were exchanged, compared to its average volume of 152,303. Nuveen Sl Tfip has a 12-month low of $13.64 and a 12-month high of $14.65. The business has a fifty day simple moving average of $14.22 and a 200-day simple moving average of $14.27.

Nuveen Sl Tfip Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a $0.0535 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Tuesday, September 15th.

Institutional Trading of Nuveen Sl Tfip

Several institutional investors have recently added to or reduced their stakes in the stock. Stephens Inc. AR lifted its stake in Nuveen Sl Tfip by 15.6% during the first quarter. Stephens Inc. AR now owns 666,432 shares of the financial services provider’s stock worth $9,563,000 after purchasing an additional 90,129 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Nuveen Sl Tfip by 19.5% in the first quarter. Bank of America Corp DE now owns 542,458 shares of the financial services provider’s stock valued at $7,784,000 after buying an additional 88,528 shares in the last quarter. Prospera Financial Services Inc grew its stake in shares of Nuveen Sl Tfip by 2.7% in the fourth quarter. Prospera Financial Services Inc now owns 209,153 shares of the financial services provider’s stock valued at $2,949,000 after buying an additional 5,558 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Nuveen Sl Tfip by 4.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 208,832 shares of the financial services provider’s stock valued at $2,945,000 after buying an additional 9,332 shares during the period. Finally, Royal Bank of Canada lifted its stake in Nuveen Sl Tfip by 46.0% during the 1st quarter. Royal Bank of Canada now owns 147,201 shares of the financial services provider’s stock worth $2,112,000 after acquiring an additional 46,394 shares in the last quarter. Institutional investors and hedge funds own 16.17% of the company’s stock.

Nuveen Sl Tfip Company Profile

Nuveen Select Tax-Free Income Portfolio is a closed-end management investment company listed on the New York Stock Exchange under the symbol NXP. The fund seeks to provide current income that is exempt from regular federal income tax, while also pursuing long-term preservation of capital.

The portfolio invests primarily in municipal securities issued by state and local governments, public authorities and other governmental entities throughout the United States. These securities may help finance public infrastructure and services, including schools, transportation systems, utilities, hospitals and housing projects.