Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) Short Interest Update

Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 28,100 shares, a growth of 105.1% from the October 31st total of 13,700 shares. Based on an average trading volume of 96,400 shares, the short-interest ratio is presently 0.3 days.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Trading Down 0.2 %

Shares of NASDAQ:QQQX traded down $0.04 during midday trading on Thursday, hitting $26.12. The company’s stock had a trading volume of 95,158 shares, compared to its average volume of 105,839. Nuveen Nasdaq 100 Dynamic Overwrite Fund has a fifty-two week low of $22.37 and a fifty-two week high of $26.33. The stock’s 50 day simple moving average is $25.44 and its 200 day simple moving average is $24.83.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th were given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 6.43%. The ex-dividend date of this dividend was Friday, September 13th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of QQQX. Lynx Investment Advisory acquired a new position in Nuveen Nasdaq 100 Dynamic Overwrite Fund during the 2nd quarter valued at $33,000. Fairman Group LLC bought a new stake in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund in the second quarter valued at about $51,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Nuveen Nasdaq 100 Dynamic Overwrite Fund during the third quarter worth about $114,000. Aspen Investment Management Inc bought a new position in Nuveen Nasdaq 100 Dynamic Overwrite Fund during the second quarter valued at about $204,000. Finally, Register Financial Advisors LLC raised its holdings in Nuveen Nasdaq 100 Dynamic Overwrite Fund by 23.9% in the 2nd quarter. Register Financial Advisors LLC now owns 10,442 shares of the company’s stock valued at $262,000 after acquiring an additional 2,011 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors and hedge funds.

About Nuveen Nasdaq 100 Dynamic Overwrite Fund

Nuveen Nasdaq 100 Dynamic Overwrite Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.