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

Nuveen Real Estate Income Fund (NYSE:JRS) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 17,323 shares, a growth of 262.3% from the January 15th total of 4,782 shares. Based on an average daily volume of 84,793 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 84,793 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Nuveen Real Estate Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC bought a new position in shares of Nuveen Real Estate Income Fund during the 4th quarter valued at about $36,000. Harbour Investments Inc. increased its holdings in shares of Nuveen Real Estate Income Fund by 224.2% in the fourth quarter. Harbour Investments Inc. now owns 8,380 shares of the company’s stock worth $64,000 after purchasing an additional 5,795 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Nuveen Real Estate Income Fund by 41.3% in the first quarter. Geneos Wealth Management Inc. now owns 8,552 shares of the company’s stock worth $70,000 after buying an additional 2,500 shares in the last quarter. Colonial Trust Advisors purchased a new stake in shares of Nuveen Real Estate Income Fund in the second quarter worth about $76,000. Finally, Kanen Wealth Management LLC bought a new position in Nuveen Real Estate Income Fund during the third quarter valued at approximately $97,000.

Nuveen Real Estate Income Fund Trading Up 0.9%

JRS stock traded up $0.08 during midday trading on Friday, hitting $8.11. The company’s stock had a trading volume of 84,919 shares, compared to its average volume of 100,031. Nuveen Real Estate Income Fund has a 12 month low of $6.56 and a 12 month high of $8.92. The company has a 50 day moving average of $7.73 and a two-hundred day moving average of $7.88.

Nuveen Real Estate Income Fund Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were given a dividend of $0.17 per share. The ex-dividend date was Monday, December 15th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 8.4%.

Nuveen Real Estate Income Fund Company Profile

Nuveen Real Estate Income Fund (NYSE: JRS) is a diversified closed-end management investment company that seeks to provide shareholders with attractive levels of current income. The fund pursues its objective through investments primarily in equity and debt securities of real estate companies, including publicly traded REITs, real estate operating companies and mortgage-backed securities. By holding a mixture of equity and fixed-income positions, it aims to achieve a balance of income generation and potential for capital appreciation.

The fund’s portfolio construction emphasizes diversification across geographic regions and real estate sectors.