(NYSE:NHA) shares saw heavy trading volume with 38K shares changing hands on Tuesday. Volume was up 111.01% over the stocks average daily volume.
Traders are a little more bearish on shares of Nuveen Municipal of late if you take note of the increase in short interest. The firm saw a rise in short interest of 37.09% as of the latest report on October 13, 2017. Short interest increased from 6,155 to 8,438 over that timeframe. The days to cover decreased to 1.0 and the percentage of shorted shares was 0.00% on October 13.
A few notable investment firms have updated their holdings. First Trust Advisors LP divested its position by shedding 16,382 shares a decrease of 14.9% from 06/30/2017 to 09/30/2017. First Trust Advisors LP owns 93,587 shares worth $931,000. The total value of its holdings decreased 15.4%. Cambridge Investment Research Advisors, Inc. bolstered its holdings by buying 59 shares an increase of 0.4% in the quarter. Cambridge Investment Research Advisors, Inc. now controls 14,240 shares with a value of $142,000. The value of the position overall is down by 0.0%.
As of quarter end Wells Fargo & Company/mn had bought a total of 15,000 shares growing its holdings by 46.6%. The value in dollars increased from $322,000 to $469,000 increasing 45.7% quarter to quarter.
The company is trading down since yesterday’s close of 9.6. The company’s P/E ratio is N/A and market cap is 77.27M.
Nuveen Municipal 2021 Target Term Fund 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 fixed income markets of the United States. The fund primarily invests in municipal securities and other related investments, the income from which is exempt from regular federal income tax. It employs a combination of fundamental analysis with bottom-up stock picking approach while focusing on factors as credit analysis and relative value to create its portfolio. Nuveen Municipal 2021 Target Term Fund was formed on October 13, 2015 and is domiciled in the United States..