Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Shares Shorted: Short Interest Up 345.2% in October

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 18,154 shares, an increase of 345.2% from the September 30th total of 4,078 shares. Based on an average daily volume of 223,522 shares, the days-to-cover ratio is currently 0.1 days.

Nuveen Real Asset Income and Growth Fund Trading Up 1.1%

Shares of JRI stock traded up $0.12 during trading hours on Thursday, hitting $11.07. 117,281 shares of the company’s stock were exchanged, compared to its average volume of 187,764. Nuveen Real Asset Income and Growth Fund has a fifty-two week low of $10.31 and a fifty-two week high of $13.94. The firm has a 50 day moving average of $11.37 and a two-hundred day moving average of $12.51.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Thursday, October 15th will be paid a dividend of $0.1335 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.60 annualized dividend and a yield of 14.5%.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

Several hedge funds have recently made changes to their positions in JRI. Private Advisor Group LLC boosted its position in shares of Nuveen Real Asset Income and Growth Fund by 1.3% in the 1st quarter. Private Advisor Group LLC now owns 139,914 shares of the company’s stock valued at $1,721,000 after purchasing an additional 1,750 shares during the period. Chicago Partners Investment Group LLC increased its position in Nuveen Real Asset Income and Growth Fund by 12.1% in the 1st quarter. Chicago Partners Investment Group LLC now owns 93,073 shares of the company’s stock valued at $1,210,000 after acquiring an additional 10,066 shares during the period. Bank of America Corp DE raised its stake in Nuveen Real Asset Income and Growth Fund by 182.1% during the 1st quarter. Bank of America Corp DE now owns 87,224 shares of the company’s stock valued at $1,073,000 after acquiring an additional 56,309 shares during the last quarter. CoreCap Advisors LLC raised its stake in Nuveen Real Asset Income and Growth Fund by 319.6% during 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 last quarter. Finally, NewEdge Advisors LLC lifted its position 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 during the period.

About Nuveen Real Asset Income and Growth Fund

Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a closed-end investment fund managed by Nuveen. The fund seeks to provide investors with current income and long-term capital appreciation by investing in a diversified portfolio of securities associated with real assets.

Its investment portfolio may include real estate investment trusts, infrastructure companies, utilities, energy and natural-resource businesses, transportation companies, and other issuers whose operations or assets are linked to physical assets and essential services.