Nuveen Select Maturities Municipal Fund (NYSE:NIM) Sees Significant Decline in Short Interest

Posted by George Bondi on Sep 30th, 2026

Nuveen Select Maturities Municipal Fund (NYSE:NIM – Get Free Report) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 12,434 shares, a decrease of 48.6% from the August 31st total of 24,205 shares. Based on an average trading volume of 20,960 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the company’s shares are short sold.

Nuveen Select Maturities Municipal Fund Trading Up 0.6%

Shares of NIM stock traded up $0.06 during trading hours on Wednesday, hitting $8.71. 82,528 shares of the company were exchanged, compared to its average volume of 19,489. The firm has a fifty day moving average of $9.17 and a 200 day moving average of $9.31. Nuveen Select Maturities Municipal Fund has a 1 year low of $8.46 and a 1 year high of $9.94.

Nuveen Select Maturities Municipal Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a $0.0290 dividend. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Tuesday, September 15th.

Institutional Trading of Nuveen Select Maturities Municipal Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its holdings in shares of Nuveen Select Maturities Municipal Fund by 22.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 31,692 shares of the company’s stock valued at $299,000 after buying an additional 5,731 shares during the period. Bank of America Corp DE grew its position in Nuveen Select Maturities Municipal Fund by 1.1% in the first quarter. Bank of America Corp DE now owns 146,467 shares of the company’s stock valued at $1,384,000 after acquiring an additional 1,552 shares in the last quarter. Royal Bank of Canada grew its position in Nuveen Select Maturities Municipal Fund by 5.3% in the first quarter. Royal Bank of Canada now owns 114,492 shares of the company’s stock valued at $1,081,000 after acquiring an additional 5,802 shares in the last quarter. Blake Schutter Theil Wealth Advisors LLC raised its stake in shares of Nuveen Select Maturities Municipal Fund by 13.0% during the first quarter. Blake Schutter Theil Wealth Advisors LLC now owns 181,427 shares of the company’s stock valued at $1,714,000 after purchasing an additional 20,878 shares during the period. Finally, Stephens Inc. AR raised its stake in shares of Nuveen Select Maturities Municipal Fund by 6.4% during the first quarter. Stephens Inc. AR now owns 41,500 shares of the company’s stock valued at $392,000 after purchasing an additional 2,500 shares during the period. Institutional investors and hedge funds own 32.23% of the company’s stock.

Nuveen Select Maturities Municipal Fund Company Profile

(Get Free Report)

Nuveen Select Maturities Municipal Fund is a closed-end fund listed on the New York Stock Exchange under the symbol NIM. The fund is managed by Nuveen, an asset manager specializing in investment solutions, and is designed to provide investors with exposure to the U.S. municipal bond market.

The fund invests primarily in municipal securities issued by states, municipalities and other public entities throughout the United States. These securities may help finance public infrastructure and services such as schools, transportation systems, utilities and hospitals.