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

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) 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 daily volume of 160,200 shares, the short-interest ratio is currently 0.4 days.

Nuveen S&P 500 Buy-Write Income Fund Stock Down 0.6 %

Nuveen S&P 500 Buy-Write Income Fund stock opened at $13.96 on Friday. Nuveen S&P 500 Buy-Write Income Fund has a one year low of $12.45 and a one year high of $14.30. The business has a fifty day moving average price of $13.90 and a 200-day moving average price of $13.58.

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

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

Institutional Investors Weigh In On Nuveen S&P 500 Buy-Write Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Farmers & Merchants Investments Inc. bought a new position in shares of Nuveen S&P 500 Buy-Write Income Fund in the second quarter worth approximately $25,000. Matrix Trust Co purchased a new position in Nuveen S&P 500 Buy-Write Income Fund in the 3rd quarter worth approximately $69,000. CWM LLC grew its stake in Nuveen S&P 500 Buy-Write Income Fund by 581.3% in the 3rd quarter. CWM LLC now owns 6,663 shares of the financial services provider’s stock worth $91,000 after buying an additional 5,685 shares in the last quarter. Blue Bell Private Wealth Management LLC increased its holdings in shares of Nuveen S&P 500 Buy-Write Income Fund by 50.0% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 9,000 shares of the financial services provider’s stock worth $122,000 after buying an additional 3,000 shares during the last quarter. Finally, Clarity Wealth Advisors LLC purchased a new stake in shares of Nuveen S&P 500 Buy-Write Income Fund during the 3rd quarter valued at $182,000.

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

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.