Nuveen Credit Strategies Income Fund (NYSE:JQC) Short Interest Update

Nuveen Credit Strategies Income Fund (NYSE:JQC) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 186,977 shares, a decline of 45.0% from the January 29th total of 340,087 shares. Based on an average daily volume of 844,580 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 844,580 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Nuveen Credit Strategies Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of JQC. Choreo LLC lifted its holdings in shares of Nuveen Credit Strategies Income Fund by 3.5% during the 4th quarter. Choreo LLC now owns 66,258 shares of the investment management company’s stock worth $336,000 after acquiring an additional 2,211 shares during the period. SeaCrest Wealth Management LLC increased its position in Nuveen Credit Strategies Income Fund by 5.7% during the fourth quarter. SeaCrest Wealth Management LLC now owns 49,467 shares of the investment management company’s stock worth $253,000 after purchasing an additional 2,655 shares during the last quarter. Merit Financial Group LLC raised its stake in Nuveen Credit Strategies Income Fund by 6.8% during the fourth quarter. Merit Financial Group LLC now owns 46,665 shares of the investment management company’s stock worth $234,000 after purchasing an additional 2,955 shares during the period. Cary Street Partners Financial LLC boosted its holdings in shares of Nuveen Credit Strategies Income Fund by 14.2% in the 4th quarter. Cary Street Partners Financial LLC now owns 26,215 shares of the investment management company’s stock valued at $132,000 after purchasing an additional 3,250 shares during the last quarter. Finally, Family Firm Inc. boosted its holdings in shares of Nuveen Credit Strategies Income Fund by 2.9% in the 2nd quarter. Family Firm Inc. now owns 124,051 shares of the investment management company’s stock valued at $669,000 after purchasing an additional 3,451 shares during the last quarter.

Nuveen Credit Strategies Income Fund Stock Down 1.3%

Nuveen Credit Strategies Income Fund stock traded down $0.07 during trading hours on Friday, hitting $4.89. The stock had a trading volume of 880,000 shares, compared to its average volume of 885,354. Nuveen Credit Strategies Income Fund has a 1-year low of $4.60 and a 1-year high of $5.59. The stock’s fifty day moving average is $5.06 and its two-hundred day moving average is $5.17.

Nuveen Credit Strategies Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be paid a $0.054 dividend. This represents a c) dividend on an annualized basis and a yield of 13.3%. The ex-dividend date of this dividend is Friday, February 13th.

About Nuveen Credit Strategies Income Fund

Nuveen Credit Strategies Income Fund (NYSE: JQC) is a closed-end, diversified management investment company that seeks to provide current income while preserving capital. The fund pursues its objective by investing primarily in a broad range of credit instruments, including corporate debt obligations, bank loans, mortgage-related and asset-backed securities, and credit-linked notes. Through active portfolio management, JQC aims to capture income opportunities across different sectors and credit quality tiers.

JQC’s portfolio construction emphasizes flexibility, enabling the fund to shift allocations among investment-grade and below-investment-grade credit depending on market conditions.