Nuveen Multi-Market Income Fund (NYSE:JMM - Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 3,800 shares, a growth of 52.0% from the August 15th total of 2,500 shares. Based on an average trading volume of 5,400 shares, the short-interest ratio is currently 0.7 days.
Nuveen Multi-Market Income Fund Stock Up 1.0 %
Shares of NYSE:JMM traded up $0.06 during trading on Friday, hitting $6.27. The stock had a trading volume of 4,412 shares, compared to its average volume of 9,407. The firm's fifty day moving average is $6.14 and its 200 day moving average is $6.02. Nuveen Multi-Market Income Fund has a 12 month low of $5.29 and a 12 month high of $6.33.
Nuveen Multi-Market Income Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th will be issued a $0.0275 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.33 dividend on an annualized basis and a yield of 5.26%.
About Nuveen Multi-Market Income Fund
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Nuveen Multi-Market Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.
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