- Nuveen California Municipal Va (NYSE: NCA) experienced a 96.9% increase in short interest in June, reaching 27,203 shares as of June 30th.
- The stock opened at $9.35, with recent institutional trading activities leading to varied changes in holdings, including a 9.2% increase by Hennion & Walsh Asset Management.
- The fund focuses on providing income exempt from federal and California taxes through a diversified portfolio of municipal securities, emphasizing investment-grade issues.
- India's trade deficit widened in April to $28.4 billion, driven by rising global oil prices due to the Middle East conflict.
- The increase in imports by 10% to $71.9 billion outpaced exports, which grew by 13.8% to $43.6 billion.
- The deficit puts additional pressure on the Indian rupee, which is the worst-performing currency in Asia for 2026, prompting the government to implement measures to support the currency.