Nuveen Select Maturities Municipal Fund (NIM) Short Interest Ratio & Short Volume

Short interest is the volume of Nuveen Select Maturities Municipal Fund shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 4,300 shares of NIM short. Learn More on Nuveen Select Maturities Municipal Fund's current short interest.

Nuveen Select Maturities Municipal Fund saw a decrease in short interest in May. As of May 15th, there was short interest totaling 4,300 shares, a decrease of 56.1% from the previous total of 9,800 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to Nuveen Select Maturities Municipal Fund: Nuveen Pennsylvania Quality Municipal Income Fund (0.10%), VanEck Biotech ETF (0.11%), BlackRock MuniAssets Fund, Inc. (0.26%), Horizon Technology Finance Co. (1.75%), BlackRock MuniYield New York Quality Fund, Inc. (0.15%), Tortoise Energy Infrastructure Co. (0.14%), DWS Municipal Income Trust (0.07%), Abrdn Life Sciences Investors (0.27%), Barings Corporate Investors (0.07%), Source Capital, Inc. (0.10%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling NIM is an investing strategy that aims to generate trading profit from Nuveen Select Maturities Municipal Fund as its price is falling. NIM shares are trading up $0.08 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Nuveen Select Maturities Municipal Fund occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of NIM, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including NIM, twice per month. The most recent reporting period available is May, 15 2024.