Short Interest in Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) Expands By 153.9%

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMXGet Free Report) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 65,000 shares, a growth of 153.9% from the November 30th total of 25,600 shares. Based on an average trading volume of 160,200 shares, the days-to-cover ratio is presently 0.4 days.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Lindbrook Capital LLC increased its position in Nuveen S&P 500 Buy-Write Income Fund by 45.5% during the 3rd quarter. Lindbrook Capital LLC now owns 689,638 shares of the financial services provider’s stock worth $9,462,000 after purchasing an additional 215,808 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Nuveen S&P 500 Buy-Write Income Fund by 110.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 675,344 shares of the financial services provider’s stock worth $9,266,000 after acquiring an additional 354,431 shares during the last quarter. Raymond James & Associates boosted its holdings in Nuveen S&P 500 Buy-Write Income Fund by 1.3% in the third quarter. Raymond James & Associates now owns 610,760 shares of the financial services provider’s stock valued at $8,380,000 after acquiring an additional 7,661 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Nuveen S&P 500 Buy-Write Income Fund by 210.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 537,514 shares of the financial services provider’s stock valued at $7,256,000 after purchasing an additional 364,454 shares during the period. Finally, International Assets Investment Management LLC raised its holdings in Nuveen S&P 500 Buy-Write Income Fund by 1,303.5% during the 3rd quarter. International Assets Investment Management LLC now owns 488,892 shares of the financial services provider’s stock worth $6,708,000 after purchasing an additional 454,058 shares during the last quarter.

Nuveen S&P 500 Buy-Write Income Fund Stock Performance

NYSE BXMX opened at $13.96 on Friday. Nuveen S&P 500 Buy-Write Income Fund has a 52-week low of $12.45 and a 52-week high of $14.30. The firm has a 50-day moving average of $13.90 and a 200-day moving average of $13.58.

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

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a dividend of $0.2725 per share. This represents a $1.09 annualized dividend and a yield of 7.81%. The ex-dividend date is Friday, December 13th.

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

(Get Free Report)

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.

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