Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Short Interest Down 82.0% in January

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 29,100 shares, a decline of 82.0% from the December 31st total of 161,700 shares. Based on an average daily trading volume, of 132,400 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Nuveen Real Asset Income and Growth Fund

Institutional investors have recently bought and sold shares of the stock. International Assets Investment Management LLC raised its position in Nuveen Real Asset Income and Growth Fund by 1,267.0% during the third quarter. International Assets Investment Management LLC now owns 2,734 shares of the company’s stock valued at $37,000 after purchasing an additional 2,534 shares in the last quarter. Worth Asset Management LLC purchased a new stake in Nuveen Real Asset Income and Growth Fund in the fourth quarter worth approximately $122,000. HighTower Advisors LLC bought a new position in Nuveen Real Asset Income and Growth Fund during the third quarter valued at approximately $140,000. World Investment Advisors LLC purchased a new position in shares of Nuveen Real Asset Income and Growth Fund during the third quarter worth approximately $183,000. Finally, Segall Bryant & Hamill LLC bought a new stake in shares of Nuveen Real Asset Income and Growth Fund in the 3rd quarter worth approximately $205,000.

Nuveen Real Asset Income and Growth Fund Stock Performance

NYSE JRI traded up $0.10 during mid-day trading on Tuesday, hitting $12.67. The company’s stock had a trading volume of 154,242 shares, compared to its average volume of 143,161. The company’s 50 day simple moving average is $12.68 and its 200 day simple moving average is $12.88. Nuveen Real Asset Income and Growth Fund has a twelve month low of $10.84 and a twelve month high of $13.72.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be given a $0.1335 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $1.60 annualized dividend and a yield of 12.65%.

About Nuveen Real Asset Income and Growth Fund

Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts.