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 large growth in short interest during the month of December. As of December 31st, there was short interest totalling 98,600 shares, a growth of 51.7% from the December 15th total of 65,000 shares. Based on an average trading volume of 161,900 shares, the days-to-cover ratio is presently 0.6 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Prospera Financial Services Inc lifted its holdings in Nuveen S&P 500 Buy-Write Income Fund by 1.2% during the 3rd quarter. Prospera Financial Services Inc now owns 96,371 shares of the financial services provider’s stock worth $1,322,000 after buying an additional 1,116 shares during the last quarter. Integrated Capital Management Inc. lifted its stake in Nuveen S&P 500 Buy-Write Income Fund by 7.5% during the third quarter. Integrated Capital Management Inc. now owns 20,931 shares of the financial services provider’s stock worth $287,000 after purchasing an additional 1,466 shares during the last quarter. Bangor Savings Bank acquired a new position in Nuveen S&P 500 Buy-Write Income Fund in the fourth quarter worth $27,000. Cetera Investment Advisers boosted its holdings in Nuveen S&P 500 Buy-Write Income Fund by 2.0% in the second quarter. Cetera Investment Advisers now owns 105,196 shares of the financial services provider’s stock worth $1,420,000 after purchasing an additional 2,037 shares during the period. Finally, Moors & Cabot Inc. increased its stake in Nuveen S&P 500 Buy-Write Income Fund by 2.0% during the third quarter. Moors & Cabot Inc. now owns 129,549 shares of the financial services provider’s stock valued at $1,777,000 after purchasing an additional 2,590 shares during the last quarter.

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

BXMX stock traded up $0.14 during mid-day trading on Friday, hitting $14.01. 91,586 shares of the company were exchanged, compared to its average volume of 203,008. The firm has a fifty day simple moving average of $13.93 and a 200 day simple moving average of $13.64. Nuveen S&P 500 Buy-Write Income Fund has a twelve month low of $12.45 and a twelve month high of $14.30.

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

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.2725 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.09 dividend on an annualized basis and a yield of 7.78%.

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.