Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Stock Short Interest Report for October

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 58,246 shares, an increase of 220.8% from the October 15th total of 18,154 shares. Based on an average daily volume of 197,380 shares, the short-interest ratio is presently 0.3 days.

Nuveen Real Asset Income and Growth Fund Trading Down 1.4%

JRI stock traded down $0.16 during trading on Thursday, hitting $11.55. The stock had a trading volume of 149,095 shares, compared to its average volume of 187,694. The company’s 50-day moving average price is $11.19 and its two-hundred day moving average price is $12.39. Nuveen Real Asset Income and Growth Fund has a twelve month low of $10.31 and a twelve month high of $13.92.

Nuveen Real Asset Income and Growth Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be paid a dividend of $0.1335 per share. This represents a $1.60 annualized dividend and a yield of 13.9%. The ex-dividend date of this dividend is Friday, November 13th.

Institutional Investors Weigh In On Nuveen Real Asset Income and Growth Fund

Large investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its stake in shares of Nuveen Real Asset Income and Growth Fund by 182.1% in the 1st quarter. Bank of America Corp DE now owns 87,224 shares of the company’s stock worth $1,073,000 after acquiring an additional 56,309 shares during the last quarter. CoreCap Advisors LLC raised its stake in shares of Nuveen Real Asset Income and Growth Fund by 319.6% in the 2nd quarter. CoreCap Advisors LLC now owns 69,156 shares of the company’s stock valued at $896,000 after acquiring an additional 52,675 shares during the period. Private Advisor Group LLC lifted its stake in Nuveen Real Asset Income and Growth Fund by 21.3% during the third quarter. Private Advisor Group LLC now owns 185,599 shares of the company’s stock worth $1,999,000 after purchasing an additional 32,535 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Nuveen Real Asset Income and Growth Fund by 108.4% during the 2nd quarter. NewEdge Advisors LLC now owns 56,714 shares of the company’s stock worth $735,000 after acquiring an additional 29,498 shares in the last quarter. Finally, Readystate Asset Management LP acquired a new stake in shares of Nuveen Real Asset Income and Growth Fund during the first quarter worth about $354,000.

About Nuveen Real Asset Income and Growth Fund

Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a closed-end management investment company designed to provide investors with high current income and the opportunity for capital appreciation. The fund is managed by Nuveen Asset Management, an investment management firm and subsidiary of TIAA. JRI invests primarily in securities issued by companies involved in real asset industries, including infrastructure, real estate, utilities, energy and related sectors. Its portfolio may include common stocks, preferred securities, income-producing debt instruments and investments in real estate investment trusts and infrastructure companies.