Nuveen Core Plus Impact Fund (NYSE:NPCT) Shares Shorted: Short Interest Down 65.4% in October

Nuveen Core Plus Impact Fund (NYSE:NPCT) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 23,847 shares, a decline of 65.4% from the September 30th total of 68,975 shares. Based on an average daily volume of 87,525 shares, the days-to-cover ratio is currently 0.3 days.

Nuveen Core Plus Impact Fund Stock Performance

Shares of Nuveen Core Plus Impact Fund stock traded up $0.08 during mid-day trading on Thursday, hitting $9.06. The stock had a trading volume of 87,399 shares, compared to its average volume of 121,394. The firm has a 50-day moving average of $9.33 and a two-hundred day moving average of $9.94. Nuveen Core Plus Impact Fund has a 12-month low of $8.86 and a 12-month high of $10.82.

Nuveen Core Plus Impact Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Thursday, October 15th will be given a $0.0895 dividend. This represents a $1.07 annualized dividend and a yield of 11.9%. The ex-dividend date is Thursday, October 15th.

Institutional Investors Weigh In On Nuveen Core Plus Impact Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NPCT. Root Financial Partners LLC acquired a new stake in shares of Nuveen Core Plus Impact Fund during the 3rd quarter worth about $32,000. Integrated Wealth Concepts LLC acquired a new position in Nuveen Core Plus Impact Fund in the second quarter valued at about $48,000. Assetmark Inc. lifted its position in Nuveen Core Plus Impact Fund by 8,620.7% in the first quarter. Assetmark Inc. now owns 5,058 shares of the company’s stock valued at $52,000 after buying an additional 5,000 shares during the last quarter. Fifth Third Bancorp acquired a new position in Nuveen Core Plus Impact Fund in the first quarter valued at about $66,000. Finally, Ameritas Advisory Services LLC purchased a new position in Nuveen Core Plus Impact Fund during the second quarter worth about $84,000.

Nuveen Core Plus Impact Fund (NYSE: NPCT) is a publicly traded closed-end fund managed by Nuveen Asset Management, a subsidiary of TIAA. The fund seeks to provide total return through a diversified portfolio of fixed-income investments while incorporating environmental and social impact considerations into its investment process.

The fund uses a core-plus bond strategy, investing primarily in a broad range of debt securities issued by governments, corporations and other entities. Its portfolio may include investment-grade and below-investment-grade bonds, mortgage- and asset-backed securities, emerging-market debt and other domestic and international fixed-income investments.