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

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 21,400 shares, a decrease of 78.3% from the December 31st total of 98,600 shares. Based on an average daily trading volume, of 167,400 shares, the days-to-cover ratio is currently 0.1 days.

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

A number of institutional investors and hedge funds have recently modified their holdings of the business. Bangor Savings Bank acquired a new position in Nuveen S&P 500 Buy-Write Income Fund in the 4th quarter worth about $27,000. Matrix Trust Co bought a new position in Nuveen S&P 500 Buy-Write Income Fund during the third quarter valued at about $69,000. CWM LLC boosted its stake in Nuveen S&P 500 Buy-Write Income Fund by 581.3% during the third 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. Clarity Wealth Advisors LLC bought a new stake in Nuveen S&P 500 Buy-Write Income Fund in the third quarter valued at about $182,000. Finally, Integrated Capital Management Inc. raised its holdings in shares of Nuveen S&P 500 Buy-Write Income Fund by 7.5% in the 3rd quarter. Integrated Capital Management Inc. now owns 20,931 shares of the financial services provider’s stock worth $287,000 after buying an additional 1,466 shares in the last quarter.

Nuveen S&P 500 Buy-Write Income Fund Trading Up 0.3 %

Shares of BXMX traded up $0.05 during mid-day trading on Thursday, reaching $14.15. 123,726 shares of the company’s stock were exchanged, compared to its average volume of 188,119. The company has a 50-day simple moving average of $13.97 and a two-hundred day simple moving average of $13.66. Nuveen S&P 500 Buy-Write Income Fund has a 52-week low of $12.45 and a 52-week high of $14.30.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.2725 per share. The ex-dividend date was Friday, December 13th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 7.71%.

About Nuveen S&P 500 Buy-Write Income Fund

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.