Nuveen Emerging Markets Debt 2022 Target Term Fund (NYSE:JEMD) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 9,800 shares, an increase of 1,860.0% from the January 15th total of 500 shares. Based on an average daily trading volume, of 70,800 shares, the short-interest ratio is currently 0.1 days.

Several institutional investors have recently bought and sold shares of JEMD. Commonwealth Equity Services LLC increased its holdings in shares of Nuveen Emerging Markets Debt 2022 Target Term Fund by 8.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 41,257 shares of the company’s stock worth $335,000 after purchasing an additional 3,206 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Nuveen Emerging Markets Debt 2022 Target Term Fund by 6.0% in the 2nd quarter. LPL Financial LLC now owns 53,719 shares of the company’s stock worth $436,000 after buying an additional 3,056 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of Nuveen Emerging Markets Debt 2022 Target Term Fund by 6.0% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 32,530 shares of the company’s stock worth $264,000 after buying an additional 1,847 shares during the last quarter. Morgan Stanley boosted its stake in shares of Nuveen Emerging Markets Debt 2022 Target Term Fund by 5.4% in the 2nd quarter. Morgan Stanley now owns 900,958 shares of the company’s stock worth $7,316,000 after buying an additional 46,246 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Nuveen Emerging Markets Debt 2022 Target Term Fund by 44.7% in the 2nd quarter. Bank of America Corp DE now owns 85,590 shares of the company’s stock worth $695,000 after buying an additional 26,431 shares during the last quarter.

Nuveen Emerging Markets Debt 2022 Target Term Fund stock opened at $7.57 on Friday. The stock has a fifty day simple moving average of $7.54 and a two-hundred day simple moving average of $7.82. Nuveen Emerging Markets Debt 2022 Target Term Fund has a 12 month low of $7.26 and a 12 month high of $8.43.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 1st. Shareholders of record on Tuesday, February 15th will be issued a $0.0305 dividend. This represents a $0.37 dividend on an annualized basis and a dividend yield of 4.83%. The ex-dividend date of this dividend is Monday, February 14th.

About Nuveen Emerging Markets Debt 2022 Target Term Fund

Nuveen Emerging Markets Debt 2022 Target Term Fund seeks to provide a high level of current income and return the original $9.85 net asset value per common share on or about 1 Dec 2022.*

The Fund invests at least 80% of its Managed Assets in emerging market debt securities and may invest without limit in investment grade securities and securities rated below investment grade.

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