Nuveen Multi-Market Income Fund (NYSE:JMM) Short Interest Down 27.0% in April

Nuveen Multi-Market Income Fund (NYSE:JMM) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 5,400 shares, a drop of 27.0% from the March 31st total of 7,400 shares. Based on an average daily volume of 15,000 shares, the days-to-cover ratio is currently 0.4 days.

Nuveen Multi-Market Income Fund Stock Up 0.9 %

Shares of JMM traded up $0.05 during midday trading on Friday, reaching $5.88. The company had a trading volume of 1,572 shares, compared to its average volume of 4,314. Nuveen Multi-Market Income Fund has a 1-year low of $5.29 and a 1-year high of $6.12. The firm has a 50 day simple moving average of $5.97 and a 200-day simple moving average of $5.83.

Nuveen Multi-Market Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be issued a $0.0275 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.33 annualized dividend and a yield of 5.61%.

Nuveen Multi-Market Income Fund Company Profile

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.