Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) Short Interest Update

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ - Get Free Report) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 33,696 shares, an increase of 21.1% from the December 15th total of 27,823 shares. Based on an average daily trading volume, of 26,175 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.3% of the company's stock are sold short. Approximately 0.3% of the company's stock are sold short. Based on an average daily trading volume, of 26,175 shares, the days-to-cover ratio is currently 1.3 days.Institutional Inflows and OutflowsA number of hedge funds have recently modified their holdings of NAZ. CoreCap Advisors LLC lifted its stake in Nuveen Arizona Quality Municipal Income Fund by 125.0% in the 4th quarter. CoreCap Advisors LLC now owns 4,500 shares of the investment management company's stock valued at $53,000 after acquiring an additional 2,500 shares in the last quarter. Ameriflex Group Inc. raised its holdings in shares of Nuveen Arizona Quality Municipal Income Fund by 100.0% in the third quarter. Ameriflex Group Inc. now owns 8,620 shares of the investment management company's stock valued at $102,000 after purchasing an additional 4,310 shares during the last quarter. Smartleaf Asset Management LLC bought a new stake in shares of Nuveen Arizona Quality Municipal Income Fund in the third quarter worth $30,000. Bank of America Corp DE boosted its holdings in Nuveen Arizona Quality Municipal Income Fund by 14.1% during the second quarter. Bank of America Corp DE now owns 37,054 shares of the investment management company's stock worth $433,000 after purchasing an additional 4,593 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in Nuveen Arizona Quality Municipal Income Fund by 8.1% during the second quarter. Raymond James Financial Inc. now owns 51,009 shares of the investment management company's stock worth $596,000 after purchasing an additional 3,813 shares during the last quarter. 15.28% of the stock is currently owned by institutional investors. Nuveen Arizona Quality Municipal Income Fund Trading Down 0.4%Shares of NYSE:NAZ traded down $0.05 during midday trading on Monday, reaching $11.96. 32,896 shares of the company were exchanged, compared to its average volume of 29,936. Nuveen Arizona Quality Municipal Income Fund has a fifty-two week low of $11.40 and a fifty-two week high of $13.55. The stock has a fifty day simple moving average of $11.95 and a two-hundred day simple moving average of $11.88. Nuveen Arizona Quality Municipal Income Fund Dividend AnnouncementThe company also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 15th will be issued a $0.0655 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date is Thursday, January 15th. Nuveen Arizona Quality Municipal Income Fund Company Profile (Get Free Report)Nuveen Arizona Quality Municipal Income Fund NYSE: NAZ is a closed-end management investment company that seeks to provide shareholders with a high level of current income that is exempt from regular U.S. federal income tax. Managed by Nuveen Asset Management, the fund focuses on investment-grade municipal obligations issued by or on behalf of entities located in the state of Arizona. Its portfolio typically includes general obligation bonds, revenue bonds and essential-purpose municipal securities backed by state and local governments and quasi-governmental agencies. The fund employs fundamental credit analysis to select bonds that meet rigorous quality standards, aiming to preserve principal while generating tax-advantaged income.Featured StoriesFive stocks we like better than Nuveen Arizona Quality Municipal Income FundElon Taking SpaceX Public! $100 Pre-IPO Opportunity!How a Family Trust May Be Able To Help Preserve Your WealthDo not delete, read immediatelyA U.S. “birthright” claim worth trillions - activated quietlyExecutive Order 14330: Trump’s Biggest YetThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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