Nuveen Core Equity Alpha Fund (NYSE:JCE) Short Interest Up 119.6% in January

Nuveen Core Equity Alpha Fund (NYSE:JCE) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 12,300 shares, an increase of 119.6% from the December 31st total of 5,600 shares. Based on an average daily volume of 29,200 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Nuveen Core Equity Alpha Fund

Several institutional investors have recently added to or reduced their stakes in JCE. Thrivent Financial for Lutherans grew its stake in Nuveen Core Equity Alpha Fund by 34.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 107,545 shares of the company’s stock worth $1,687,000 after buying an additional 27,780 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of Nuveen Core Equity Alpha Fund by 227.7% during the third quarter. Larson Financial Group LLC now owns 6,553 shares of the company’s stock valued at $101,000 after acquiring an additional 4,553 shares during the period. Ashton Thomas Securities LLC bought a new position in shares of Nuveen Core Equity Alpha Fund during the third quarter worth about $61,000. International Assets Investment Management LLC increased its holdings in shares of Nuveen Core Equity Alpha Fund by 1,487.3% in the 3rd quarter. International Assets Investment Management LLC now owns 636,378 shares of the company’s stock worth $9,781,000 after acquiring an additional 596,286 shares during the period. Finally, Capital Investment Advisors LLC increased its holdings in shares of Nuveen Core Equity Alpha Fund by 0.9% in the 3rd quarter. Capital Investment Advisors LLC now owns 151,274 shares of the company’s stock worth $2,325,000 after acquiring an additional 1,324 shares during the period.

Nuveen Core Equity Alpha Fund Trading Down 0.1 %

JCE traded down $0.02 on Friday, reaching $15.92. The company’s stock had a trading volume of 17,119 shares, compared to its average volume of 33,566. The business’s 50 day moving average is $15.75 and its 200 day moving average is $15.30. Nuveen Core Equity Alpha Fund has a 1 year low of $13.19 and a 1 year high of $16.28.

Nuveen Core Equity Alpha Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.32 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.28 annualized dividend and a dividend yield of 8.04%.

About Nuveen Core Equity Alpha Fund

Nuveen Core Equity Alpha Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and INTECH Investment Management. It invests in the public equity markets of the United States. The fund also invests some portion of its portfolio in derivatives using futures and options.