Short Interest in Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Grows By 73.5%

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 162,600 shares, an increase of 73.5% from the February 28th total of 93,700 shares. Based on an average daily trading volume, of 134,600 shares, the days-to-cover ratio is currently 1.2 days.

Nuveen Real Asset Income and Growth Fund Trading Down 1.2 %

Shares of NYSE JRI traded down $0.16 during trading on Friday, reaching $12.85. 80,946 shares of the stock were exchanged, compared to its average volume of 127,686. The business’s 50-day moving average price is $12.80 and its 200 day moving average price is $12.93. Nuveen Real Asset Income and Growth Fund has a twelve month low of $10.84 and a twelve month high of $13.72.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.1335 per share. This represents a $1.60 dividend on an annualized basis and a yield of 12.47%. The ex-dividend date is Friday, March 14th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. 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 buying an additional 1,611 shares in the last quarter. Wolverine Asset Management LLC acquired a new position in shares of Nuveen Real Asset Income and Growth Fund in the 4th quarter worth $96,000. Elequin Capital LP acquired a new stake in shares of Nuveen Real Asset Income and Growth Fund during the fourth quarter worth $102,000. Worth Asset Management LLC purchased a new stake in shares of Nuveen Real Asset Income and Growth Fund during the fourth quarter valued at $122,000. Finally, Envestnet Asset Management Inc. acquired a new position in shares of Nuveen Real Asset Income and Growth Fund in the 4th quarter valued at $128,000.

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.