Nuveen Multi-Market Income Fund (NYSE:JMM) Short Interest Update

Nuveen Multi-Market Income Fund (NYSE:JMM) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totalling 3,200 shares, a decline of 15.8% from the August 31st total of 3,800 shares. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is presently 0.6 days.

Nuveen Multi-Market Income Fund Stock Up 0.2 %

Shares of JMM opened at $6.36 on Monday. The business’s 50 day moving average is $6.20 and its two-hundred day moving average is $6.05. Nuveen Multi-Market Income Fund has a 52-week low of $5.29 and a 52-week high of $6.42.

Nuveen Multi-Market Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th will be issued a dividend of $0.0275 per share. This represents a $0.33 annualized dividend and a yield of 5.19%. The ex-dividend date of this dividend is Friday, September 13th.

About Nuveen Multi-Market Income Fund

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.