Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Short Interest Up 157.5% in February

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 130,300 shares, an increase of 157.5% from the January 31st total of 50,600 shares. Based on an average daily volume of 132,100 shares, the days-to-cover ratio is presently 1.0 days.

Nuveen Real Asset Income and Growth Fund Stock Up 2.0 %

Shares of JRI stock traded up $0.25 during trading hours on Friday, reaching $13.02. The company had a trading volume of 142,856 shares, compared to its average volume of 126,379. Nuveen Real Asset Income and Growth Fund has a 12 month low of $10.84 and a 12 month high of $13.72. The business has a fifty day simple moving average of $12.49 and a 200-day simple moving average of $12.92.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a dividend of $0.1335 per share. This represents a $1.60 dividend on an annualized basis and a yield of 12.30%. The ex-dividend date of this dividend is Friday, February 14th.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. Larson Financial Group LLC boosted its holdings in Nuveen Real Asset Income and Growth Fund by 151.4% during the fourth quarter. Larson Financial Group LLC now owns 2,675 shares of the company’s stock worth $32,000 after purchasing an additional 1,611 shares during the last quarter. International Assets Investment Management LLC boosted its stake in shares of Nuveen Real Asset Income and Growth Fund by 1,267.0% in the 3rd quarter. International Assets Investment Management LLC now owns 2,734 shares of the company’s stock worth $37,000 after buying an additional 2,534 shares during the last quarter. Wolverine Asset Management LLC bought a new position in shares of Nuveen Real Asset Income and Growth Fund in the fourth quarter valued at approximately $96,000. Elequin Capital LP purchased a new stake in shares of Nuveen Real Asset Income and Growth Fund during the fourth quarter valued at approximately $102,000. Finally, Worth Asset Management LLC bought a new stake in Nuveen Real Asset Income and Growth Fund during the fourth quarter worth $122,000.

Nuveen Real Asset Income and Growth Fund Company Profile

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.