Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) Shares Shorted: Short Interest Down 42.8% in September

Posted by George Bondi on Oct 15th, 2026

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS – Get Free Report) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 13,436 shares, a decline of 42.8% from the September 15th total of 23,510 shares. Based on an average daily volume of 40,127 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Nuveen Minnesota Quality Municipal Income Fund

Several institutional investors have recently made changes to their positions in NMS. Redhawk Wealth Advisors Inc. grew its holdings in Nuveen Minnesota Quality Municipal Income Fund by 4.4% during the second quarter. Redhawk Wealth Advisors Inc. now owns 34,224 shares of the company’s stock valued at $414,000 after purchasing an additional 1,444 shares during the period. Cetera Investment Advisers lifted its position in shares of Nuveen Minnesota Quality Municipal Income Fund by 118.1% in the first quarter. Cetera Investment Advisers now owns 44,534 shares of the company’s stock valued at $543,000 after acquiring an additional 24,119 shares in the last quarter. Finally, Focus Financial Network Inc. grew its position in shares of Nuveen Minnesota Quality Municipal Income Fund by 32.3% during the third quarter. Focus Financial Network Inc. now owns 115,269 shares of the company’s stock worth $1,130,000 after purchasing an additional 28,156 shares in the last quarter.

Nuveen Minnesota Quality Municipal Income Fund Price Performance

Shares of NMS remained flat at $10.08 on Thursday. The stock had a trading volume of 7,349 shares, compared to its average volume of 20,183. Nuveen Minnesota Quality Municipal Income Fund has a 52 week low of $9.48 and a 52 week high of $12.50. The company’s 50-day moving average price is $10.56 and its 200-day moving average price is $11.58.

Nuveen Minnesota Quality Municipal Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Thursday, October 15th will be given a dividend of $0.0630 per share. This represents a $0.76 annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Thursday, October 15th.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

(Get Free Report)

Nuveen Minnesota Quality Municipal Income Fund (NYSE: NMS) is a closed-end investment fund managed by Nuveen, an investment management firm. The fund seeks to provide current income that is exempt from regular federal income tax and Minnesota state income tax by investing primarily in municipal securities.

The fund’s portfolio generally consists of investment-grade municipal bonds issued by the state of Minnesota and its municipalities, authorities, and other governmental entities. These securities may help finance public infrastructure and services such as education, transportation, utilities, health care, and housing.