Short Interest in Nuveen Multi-Market Income Fund (NYSE:JMM) Rises By 80.9%

Nuveen Multi-Market Income Fund (NYSE:JMMGet Free Report) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 2,791 shares, a growth of 80.9% from the April 15th total of 1,543 shares. Based on an average trading volume of 7,140 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On Nuveen Multi-Market Income Fund

Hedge funds have recently bought and sold shares of the business. Sit Investment Associates Inc. raised its holdings in Nuveen Multi-Market Income Fund by 1.7% in the fourth quarter. Sit Investment Associates Inc. now owns 5,731,653 shares of the company’s stock worth $34,619,000 after buying an additional 96,877 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Nuveen Multi-Market Income Fund by 1.2% during the fourth quarter. Advisors Asset Management Inc. now owns 252,369 shares of the company’s stock valued at $1,524,000 after buying an additional 2,880 shares during the last quarter. Aviance Capital Partners LLC increased its position in shares of Nuveen Multi-Market Income Fund by 17.3% during the third quarter. Aviance Capital Partners LLC now owns 135,772 shares of the company’s stock valued at $854,000 after acquiring an additional 20,053 shares in the last quarter. Seven Mile Advisory purchased a new position in Nuveen Multi-Market Income Fund in the 3rd quarter worth approximately $558,000. Finally, Susquehanna International Group LLP raised its holdings in Nuveen Multi-Market Income Fund by 119.5% in the 3rd quarter. Susquehanna International Group LLP now owns 44,708 shares of the company’s stock worth $281,000 after acquiring an additional 24,342 shares during the last quarter. Institutional investors own 67.34% of the company’s stock.

Nuveen Multi-Market Income Fund Price Performance

NYSE:JMM opened at $5.70 on Wednesday. Nuveen Multi-Market Income Fund has a one year low of $5.67 and a one year high of $6.52. The company’s 50-day simple moving average is $5.86 and its 200 day simple moving average is $6.03.

Nuveen Multi-Market Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be paid a dividend of $0.029 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a c) annualized dividend and a yield of 6.1%.

Nuveen Multi-Market Income Fund Company Profile

(Get Free Report)

Nuveen Multi-Market Income Fund (NYSE: JMM) is a diversified, closed-end management investment company managed by Nuveen, a leading global asset manager and subsidiary of TIAA. The fund seeks to provide high current income with the potential for capital appreciation by investing across multiple asset classes and geographies. Its structure allows investors to access a broad range of income-producing securities through a single vehicle.

JMM’s investment strategy emphasizes a multi-sector approach, allocating capital to fixed-income sectors such as investment-grade and high-yield corporate bonds, emerging market debt, mortgage- and asset-backed securities, as well as preferred stocks.

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