Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) Short Interest Update

Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 12,200 shares, a growth of 149.0% from the October 15th total of 4,900 shares. Based on an average trading volume of 37,000 shares, the days-to-cover ratio is presently 0.3 days.

Nuveen S&P 500 Dynamic Overwrite Fund Trading Up 0.3 %

NYSE:SPXX traded up $0.06 on Wednesday, hitting $17.35. The stock had a trading volume of 26,617 shares, compared to its average volume of 39,086. The firm’s fifty day simple moving average is $16.71 and its two-hundred day simple moving average is $16.31. Nuveen S&P 500 Dynamic Overwrite Fund has a 1 year low of $14.41 and a 1 year high of $17.48.

Nuveen S&P 500 Dynamic Overwrite Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Friday, September 13th were given a dividend of $0.294 per share. This represents a $1.18 annualized dividend and a yield of 6.78%. The ex-dividend date was Friday, September 13th.

Institutional Trading of Nuveen S&P 500 Dynamic Overwrite Fund

Institutional investors have recently made changes to their positions in the stock. Larson Financial Group LLC purchased a new stake in shares of Nuveen S&P 500 Dynamic Overwrite Fund during the 3rd quarter worth $30,000. Fairman Group LLC acquired a new stake in shares of Nuveen S&P 500 Dynamic Overwrite Fund in the second quarter valued at about $66,000. Prospera Financial Services Inc increased its holdings in Nuveen S&P 500 Dynamic Overwrite Fund by 7.7% in the 3rd quarter. Prospera Financial Services Inc now owns 15,850 shares of the investment management company’s stock valued at $266,000 after purchasing an additional 1,138 shares during the last quarter. Fortem Financial Group LLC boosted its position in shares of Nuveen S&P 500 Dynamic Overwrite Fund by 27.6% in the 2nd quarter. Fortem Financial Group LLC now owns 38,004 shares of the investment management company’s stock valued at $621,000 after purchasing an additional 8,213 shares during the period. Finally, Tyche Wealth Partners LLC lifted its position in Nuveen S&P 500 Dynamic Overwrite Fund by 6.6% during the 3rd quarter. Tyche Wealth Partners LLC now owns 44,681 shares of the investment management company’s stock worth $750,000 after acquiring an additional 2,772 shares during the period.

Nuveen S&P 500 Dynamic Overwrite Fund Company Profile

Nuveen S&P 500 Dynamic Overwrite Fund is a closed-ended equity indexed 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 public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.