Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) Short Interest Update

view original post

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMXGet Rating) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 483,400 shares, a growth of 19.0% from the June 30th total of 406,200 shares. Based on an average daily trading volume, of 212,900 shares, the days-to-cover ratio is presently 2.3 days.

Nuveen S&P 500 Buy-Write Income Fund Trading Down 0.2 %

Nuveen S&P 500 Buy-Write Income Fund stock opened at $13.69 on Friday. The firm has a 50-day moving average of $13.06 and a 200-day moving average of $13.53. Nuveen S&P 500 Buy-Write Income Fund has a 1-year low of $12.02 and a 1-year high of $15.22.

Nuveen S&P 500 Buy-Write Income Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 1st. Stockholders of record on Wednesday, June 15th were issued a dividend of $0.236 per share. The ex-dividend date of this dividend was Tuesday, June 14th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 6.90%.

Institutional Trading of Nuveen S&P 500 Buy-Write Income Fund

Institutional investors have recently modified their holdings of the company. Cornerstone Advisory LLC purchased a new stake in shares of Nuveen S&P 500 Buy-Write Income Fund during the fourth quarter worth about $35,000. Valley National Advisers Inc. purchased a new stake in shares of Nuveen S&P 500 Buy-Write Income Fund during the first quarter worth about $36,000. ACG Wealth purchased a new stake in Nuveen S&P 500 Buy-Write Income Fund in the second quarter worth about $38,000. Global Retirement Partners LLC purchased a new stake in Nuveen S&P 500 Buy-Write Income Fund in the second quarter worth about $39,000. Finally, Marquette Asset Management LLC purchased a new stake in Nuveen S&P 500 Buy-Write Income Fund in the second quarter worth about $63,000.

Nuveen S&P 500 Buy-Write Income Fund Company Profile

(Get Rating)

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.

Featured Stories

Receive News & Ratings for Nuveen S&P 500 Buy-Write Income Fund Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Nuveen S&P 500 Buy-Write Income Fund and related companies with MarketBeat.com’s FREE daily email newsletter.