Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Stock Short Interest Drops 91.6%

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 4,078 shares, a decrease of 91.6% from the September 15th total of 48,785 shares. Based on an average daily trading volume, of 234,299 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Absolute Investment Advisers LLC bought a new stake in Nuveen Real Asset Income and Growth Fund during the 1st quarter worth about $7,205,000. Private Advisor Group LLC increased its position in shares of Nuveen Real Asset Income and Growth Fund by 1.3% in the first quarter. Private Advisor Group LLC now owns 139,914 shares of the company’s stock valued at $1,721,000 after acquiring an additional 1,750 shares during the last quarter. Sterneck Capital Management LLC acquired a new stake in shares of Nuveen Real Asset Income and Growth Fund in the first quarter valued at about $1,172,000. Chicago Partners Investment Group LLC raised its holdings in Nuveen Real Asset Income and Growth Fund by 12.1% during the first quarter. Chicago Partners Investment Group LLC now owns 93,073 shares of the company’s stock worth $1,210,000 after acquiring an additional 10,066 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in Nuveen Real Asset Income and Growth Fund by 182.1% during the first 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 in the last quarter.

Nuveen Real Asset Income and Growth Fund Stock Up 1.0%

Nuveen Real Asset Income and Growth Fund stock traded up $0.11 during midday trading on Friday, reaching $10.62. The stock had a trading volume of 232,157 shares, compared to its average volume of 188,203. The firm’s fifty day simple moving average is $11.88 and its 200-day simple moving average is $12.48. Nuveen Real Asset Income and Growth Fund has a 1-year low of $10.36 and a 1-year high of $14.21.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 15th will be issued a $0.1335 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 15.1%.

Nuveen Real Asset Income and Growth Fund Company Profile

Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company advised by Nuveen Fund Advisors. The fund seeks to provide a high level of current income and long-term total return by investing primarily in securities associated with real assets.

Its portfolio may include infrastructure companies, real estate investment trusts, utilities, energy-related businesses, and other issuers whose assets or operations are linked to tangible resources.