Nuveen Real Estate Income Fund (NYSE:JRS) Stock Short Interest Report for September

Nuveen Real Estate Income Fund (NYSE:JRS) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 1,240 shares, a decline of 94.0% from the September 15th total of 20,637 shares. Based on an average daily trading volume, of 69,113 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Nuveen Real Estate Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Baird Financial Group Inc. grew its holdings in shares of Nuveen Real Estate Income Fund by 8.9% during the 2nd quarter. Baird Financial Group Inc. now owns 681,021 shares of the company’s stock valued at $5,741,000 after acquiring an additional 55,642 shares in the last quarter. Kanen Wealth Management LLC increased its stake in shares of Nuveen Real Estate Income Fund by 9.8% in the first quarter. Kanen Wealth Management LLC now owns 528,047 shares of the company’s stock worth $3,939,000 after acquiring an additional 47,108 shares during the last quarter. Bank of America Corp DE purchased a new stake in shares of Nuveen Real Estate Income Fund during the second quarter worth $395,000. World Investment Advisors purchased a new stake in shares of Nuveen Real Estate Income Fund during the fourth quarter worth $333,000. Finally, Cetera Investment Advisers raised its holdings in shares of Nuveen Real Estate Income Fund by 18.1% during the first quarter. Cetera Investment Advisers now owns 180,126 shares of the company’s stock worth $1,344,000 after acquiring an additional 27,579 shares in the last quarter.

Nuveen Real Estate Income Fund Price Performance

Shares of NYSE JRS traded up $0.07 during trading on Friday, hitting $7.28. The company had a trading volume of 35,386 shares, compared to its average volume of 71,811. Nuveen Real Estate Income Fund has a 52 week low of $7.12 and a 52 week high of $8.90. The business’s 50-day moving average is $8.02 and its 200 day moving average is $8.14.

Nuveen Real Estate Income Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Tuesday, September 15th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 10.4%. The ex-dividend date was Tuesday, September 15th.

About Nuveen Real Estate Income Fund

Nuveen Real Estate Income Fund (NYSE:JRS) is a closed-end investment fund that seeks to provide a high level of current income along with the potential for capital appreciation. The fund invests primarily in income-producing securities issued by real estate companies, including real estate investment trusts (REITs), real estate operating companies and related businesses.

JRS may hold a combination of common stocks, preferred securities and debt instruments, giving investors exposure to multiple segments of the real estate industry.