Nuveen Core Plus Impact Fund (NYSE:NPCT) Short Interest Update

Nuveen Core Plus Impact Fund (NYSE:NPCT) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 74,900 shares, an increase of 224.2% from the January 31st total of 23,100 shares. Based on an average trading volume of 167,300 shares, the days-to-cover ratio is currently 0.4 days.

Insider Activity at Nuveen Core Plus Impact Fund

In other Nuveen Core Plus Impact Fund news, major shareholder Saba Capital Management, L.P. sold 35,058 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $11.36, for a total value of $398,258.88. Following the completion of the sale, the insider now owns 2,902,633 shares of the company’s stock, valued at $32,973,910.88. This represents a 1.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 96,013 shares of company stock valued at $1,089,639 over the last 90 days.

Institutional Investors Weigh In On Nuveen Core Plus Impact Fund

A number of hedge funds and other institutional investors have recently modified their holdings of NPCT. LPL Financial LLC grew its position in Nuveen Core Plus Impact Fund by 581.7% during the 4th quarter. LPL Financial LLC now owns 296,696 shares of the company’s stock worth $3,118,000 after acquiring an additional 253,174 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Nuveen Core Plus Impact Fund during the fourth quarter valued at approximately $255,000. Landscape Capital Management L.L.C. bought a new position in shares of Nuveen Core Plus Impact Fund in the fourth quarter worth approximately $158,000. Prevail Innovative Wealth Advisors LLC purchased a new position in shares of Nuveen Core Plus Impact Fund in the fourth quarter worth $156,000. Finally, Larson Financial Group LLC raised its holdings in Nuveen Core Plus Impact Fund by 178.1% during the 4th quarter. Larson Financial Group LLC now owns 3,432 shares of the company’s stock valued at $36,000 after buying an additional 2,198 shares during the last quarter.

Nuveen Core Plus Impact Fund Price Performance

Shares of NPCT stock traded up $0.17 on Friday, hitting $11.06. 370,860 shares of the company’s stock traded hands, compared to its average volume of 157,825. The company’s fifty day simple moving average is $10.68 and its 200 day simple moving average is $11.16. Nuveen Core Plus Impact Fund has a one year low of $9.86 and a one year high of $11.97.

Nuveen Core Plus Impact Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.119 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.43 annualized dividend and a dividend yield of 12.91%.