Nuveen Multi-Market Income Fund (NYSE:JMM – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totalling 8,500 shares, an increase of 165.6% from the September 15th total of 3,200 shares. Based on an average daily volume of 5,900 shares, the short-interest ratio is presently 1.4 days.
Nuveen Multi-Market Income Fund Price Performance
NYSE:JMM opened at $6.20 on Friday. Nuveen Multi-Market Income Fund has a 12 month low of $5.29 and a 12 month high of $6.47. The business’s fifty day moving average price is $6.25 and its 200 day moving average price is $6.07.
Nuveen Multi-Market Income Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be given a dividend of $0.0275 per share. This represents a $0.33 annualized dividend and a dividend yield of 5.32%. The ex-dividend date of this dividend is Tuesday, October 15th.
Nuveen Multi-Market Income Fund Company Profile
Nuveen Multi-Market 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 the United States. The fund seeks to invest in securities of companies operating across diversified sectors.
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