Nuveen California Municipal Va (NYSE:NCA) Stock Short Interest Report for October

by · The Markets Daily

Nuveen California Municipal Va (NYSE:NCA – Get Free Report) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 1,484 shares, a decline of 96.8% from the September 30th total of 45,946 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 210,695 shares, the short-interest ratio is presently 0.0 days.

Nuveen California Municipal Va Trading Up 0.8%

Shares of NYSE:NCA traded up $0.07 during trading on Monday, hitting $8.34. The stock had a trading volume of 112,737 shares, compared to its average volume of 200,766. Nuveen California Municipal Va has a 12-month low of $8.12 and a 12-month high of $9.80. The stock has a 50-day simple moving average of $8.65 and a two-hundred day simple moving average of $9.15.

Nuveen California Municipal Va Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Thursday, October 15th will be paid a $0.03 dividend. This represents a $0.36 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Thursday, October 15th.

Institutional Investors Weigh In On Nuveen California Municipal Va

Institutional investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp acquired a new stake in shares of Nuveen California Municipal Va during the 1st quarter worth approximately $67,000. Investor s Fiduciary Advisor Network LLC acquired a new position in Nuveen California Municipal Va in the second quarter valued at approximately $122,000. Readystate Asset Management LP acquired a new position in Nuveen California Municipal Va in the second quarter valued at approximately $169,000. D.A. Davidson & CO. grew its position in Nuveen California Municipal Va by 18.1% in the first quarter. D.A. Davidson & CO. now owns 34,657 shares of the company’s stock worth $325,000 after acquiring an additional 5,310 shares during the period. Finally, Wedbush Securities Inc. purchased a new position in Nuveen California Municipal Va in the third quarter worth approximately $524,000. Institutional investors and hedge funds own 21.46% of the company’s stock.

Nuveen California Municipal Va Company Profile

(Get Free Report)

Nuveen California Municipal Value Fund (NYSE: NCA) is a closed-end investment company managed by Nuveen, a global asset manager. The fund seeks to provide current income that is exempt from regular federal income tax and California state income tax, while also pursuing the potential for capital appreciation.

The fund invests primarily in municipal securities issued by the state of California and its municipalities, public agencies and other governmental entities. Its portfolio may include bonds financing public infrastructure and essential services such as transportation, utilities, education, health care and housing.

Because it is a closed-end fund, NCA issues a fixed number of exchange-listed shares that trade on the New York Stock Exchange.

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