Ovid Therapeutics (OVID) Reaches $8.78 After 7.00% Down Move; Nuveen Amt-free Municipal Income Fund Has 1.58 Sentiment

October 13, 2017 - By Kurt Siggers

The stock of Ovid Therapeutics Inc (NASDAQ:OVID) is a huge mover today! The stock decreased 4.98% or $0.46 during the last trading session, reaching $8.78. About 53,904 shares traded or 21.55% up from the average. Ovid Therapeutics Inc (NASDAQ:OVID) has 0.00% since October 13, 2016 and is . It has underperformed by 16.70% the S&P500.The move comes after 6 months negative chart setup for the $216.00M company. It was reported on Oct, 13 by Barchart.com. We have $8.17 PT which if reached, will make NASDAQ:OVID worth $15.12 million less.

Nuveen AMT-Free Quality Municipal Income Fund is a diversified, closed-end management investment company. The company has market cap of $3.63 billion. The Fund’s investment objectives are to provide current income exempt from regular federal income tax and the alternative minimum tax applicable to individuals and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund’s investment advisor believes are underrated or undervalued or that represent municipal market sectors that are undervalued. It currently has negative earnings. It invests in municipal securities that are exempt from federal income taxes.

The stock increased 0.18% or $0.03 on October 13, reaching $13.8. About 300,365 shares traded. Nuveen Amt-Free Quality Municpl Incm Fnd (NEA) has declined 6.51% since October 13, 2016 and is downtrending. It has underperformed by 23.21% the S&P500.

Robinson Capital Management Llc holds 4.91% of its portfolio in Nuveen Amt-Free Quality Municpl Incm Fnd for 822,079 shares. Rivernorth Capital Management Llc owns 3.78 million shares or 3.96% of their US portfolio. Moreover, Archford Capital Strategies Llc has 3.58% invested in the company for 76,272 shares. The Washington-based Tradewinds Capital Management Llc has invested 1.18% in the stock. Jfs Wealth Advisors Llc, a Pennsylvania-based fund reported 304,917 shares.

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