Nuveen Real Estate Income Fund (NYSE:JRS) Short Interest Update

Nuveen Real Estate Income Fund (NYSE:JRS) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 124,900 shares, an increase of 15.9% from the November 15th total of 107,800 shares. Based on an average daily volume of 84,200 shares, the days-to-cover ratio is presently 1.5 days.

Nuveen Real Estate Income Fund Stock Down 0.9 %

NYSE JRS opened at $8.98 on Friday. Nuveen Real Estate Income Fund has a 1-year low of $7.10 and a 1-year high of $9.69. The business’s 50-day simple moving average is $9.15 and its 200-day simple moving average is $8.59.

Nuveen Real Estate Income Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a dividend of $0.17 per share. The ex-dividend date is Friday, December 13th. This represents a $0.68 dividend on an annualized basis and a yield of 7.57%.

Institutional Investors Weigh In On Nuveen Real Estate Income Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC acquired a new stake in shares of Nuveen Real Estate Income Fund during the second quarter valued at about $31,000. Private Advisor Group LLC grew its stake in Nuveen Real Estate Income Fund by 11.7% during the 2nd quarter. Private Advisor Group LLC now owns 368,308 shares of the company’s stock worth $2,814,000 after buying an additional 38,650 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Nuveen Real Estate Income Fund by 18.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 12,923 shares of the company’s stock valued at $99,000 after acquiring an additional 1,980 shares in the last quarter. Pathstone Holdings LLC lifted its stake in shares of Nuveen Real Estate Income Fund by 40.9% in the 3rd quarter. Pathstone Holdings LLC now owns 619,779 shares of the company’s stock worth $5,765,000 after acquiring an additional 179,819 shares during the period. Finally, Stifel Financial Corp boosted its holdings in shares of Nuveen Real Estate Income Fund by 19.8% in the third quarter. Stifel Financial Corp now owns 32,266 shares of the company’s stock valued at $300,000 after acquiring an additional 5,341 shares in the last quarter.

About Nuveen Real Estate Income Fund

Nuveen Real Estate Income Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is managed by Security Capital Research & Management Incorporated. It invests in the public equity markets of the United States. The fund makes its investments in stocks of companies operating in the real-estate sector.