Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) Short Interest Update

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) Short Interest Update

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN - Get Free Report) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 7,000 shares, an increase of 118.8% from the April 30th total of 3,200 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 11,000 shares, the short-interest ratio is currently 0.6 days.