Nuveen Real Estate Income Fund (NYSE:JRS) Short Interest Up 262.3% in January

Nuveen Real Estate Income Fund (NYSE:JRS) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 17,323 shares, an increase of 262.3% from the January 15th total of 4,782 shares. Based on an average trading volume of 84,793 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 84,793 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Wolverine Asset Management LLC purchased a new position in shares of Nuveen Real Estate Income Fund in the 2nd quarter valued at about $2,497,000. Pathstone Holdings LLC grew its holdings in Nuveen Real Estate Income Fund by 26.4% in the third quarter. Pathstone Holdings LLC now owns 674,774 shares of the company’s stock valued at $5,520,000 after purchasing an additional 140,914 shares during the period. Cornerstone Advisors LLC increased its position in shares of Nuveen Real Estate Income Fund by 256.6% in the third quarter. Cornerstone Advisors LLC now owns 84,614 shares of the company’s stock valued at $692,000 after buying an additional 60,884 shares in the last quarter. World Investment Advisors acquired a new position in shares of Nuveen Real Estate Income Fund during the 4th quarter worth approximately $333,000. Finally, Shaker Financial Services LLC raised its stake in shares of Nuveen Real Estate Income Fund by 50.6% during the 2nd quarter. Shaker Financial Services LLC now owns 98,228 shares of the company’s stock worth $781,000 after buying an additional 33,000 shares during the period.

Nuveen Real Estate Income Fund Stock Performance

Nuveen Real Estate Income Fund stock opened at $8.09 on Wednesday. Nuveen Real Estate Income Fund has a 12 month low of $6.56 and a 12 month high of $8.92. The stock’s 50 day simple moving average is $7.72 and its two-hundred day simple moving average is $7.88.

Nuveen Real Estate Income Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.68 dividend on an annualized basis and a yield of 8.4%.

About Nuveen Real Estate Income Fund

Nuveen Real Estate Income Fund (NYSE: JRS) is a diversified closed-end management investment company that seeks to provide shareholders with attractive levels of current income. The fund pursues its objective through investments primarily in equity and debt securities of real estate companies, including publicly traded REITs, real estate operating companies and mortgage-backed securities. By holding a mixture of equity and fixed-income positions, it aims to achieve a balance of income generation and potential for capital appreciation.

The fund’s portfolio construction emphasizes diversification across geographic regions and real estate sectors.