Short Interest in Nuveen New York Municipal Fund Drops 39.6%

The closed-end fund saw a significant decline in short positions during February.

Mar. 3, 2026 at 8:23am

Nuveen New York Quality Municipal Income Fund (NYSE:NAN), a closed-end management investment company that focuses on tax-exempt municipal bonds in New York, saw a 39.6% decrease in short interest during the month of February. As of February 13th, there were 57,324 shares shorted, down from 94,932 shares at the end of January.

Why it matters

The decline in short interest suggests that investors are becoming more bullish on the fund's prospects, potentially driven by factors like the fund's attractive yield or positive market sentiment around New York municipal bonds.

The details

The fund's short interest fell from 94,932 shares on January 29th to 57,324 shares on February 13th, a 39.6% decrease. Based on the fund's average daily trading volume of 90,053 shares, the current days-to-cover ratio is 0.6 days.

  • As of February 13th, 2026, the short interest in Nuveen New York Quality Municipal Income Fund (NYSE:NAN) was 57,324 shares.
  • On January 29th, 2026, the short interest in the fund was 94,932 shares.

The players

Nuveen New York Quality Municipal Income Fund

A closed-end management investment company that focuses on investing in tax-exempt municipal bonds issued by the state of New York and its political subdivisions.

Got photos? Submit your photos here. ›

The takeaway

The significant decline in short interest in the Nuveen New York Quality Municipal Income Fund suggests that investors are becoming more bullish on the fund's prospects, potentially driven by factors like its attractive yield or positive market sentiment around New York municipal bonds.