Short Interest in Nuveen Real Estate Income Fund (NYSE:JRS) Increases By 380.0%

Nuveen Real Estate Income Fund (NYSE:JRS) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 31,200 shares, an increase of 380.0% from the October 15th total of 6,500 shares. Based on an average daily volume of 94,600 shares, the short-interest ratio is currently 0.3 days.

Nuveen Real Estate Income Fund Stock Down 0.6 %

Shares of NYSE:JRS traded down $0.06 during trading on Wednesday, hitting $9.20. 53,383 shares of the company were exchanged, compared to its average volume of 83,805. The business’s 50 day moving average is $9.05 and its 200-day moving average is $8.29. Nuveen Real Estate Income Fund has a 1-year low of $6.60 and a 1-year high of $9.45.

Nuveen Real Estate Income Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Friday, September 13th were paid a $0.17 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.68 annualized dividend and a dividend yield of 7.39%.

Institutional Trading of Nuveen Real Estate Income Fund

A number of institutional investors have recently bought and sold shares of JRS. International Assets Investment Management LLC acquired a new stake in shares of Nuveen Real Estate Income Fund in the 2nd quarter worth about $31,000. Avantax Advisory Services Inc. acquired a new stake in shares of Nuveen Real Estate Income Fund in the 1st quarter worth about $87,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Nuveen Real Estate Income Fund by 18.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 12,923 shares of the company’s stock worth $99,000 after acquiring an additional 1,980 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of Nuveen Real Estate Income Fund by 11.7% in the 2nd quarter. Private Advisor Group LLC now owns 368,308 shares of the company’s stock worth $2,814,000 after acquiring an additional 38,650 shares during the last quarter. Finally, Pathstone Holdings LLC raised its holdings 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 last quarter.

Nuveen Real Estate Income Fund Company Profile

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.