Nuveen Real Estate Income Fund (NYSE:JRS) Stock Short Interest Report for October

Nuveen Real Estate Income Fund (NYSE:JRS) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 3,311 shares, a growth of 167.0% from the September 30th total of 1,240 shares. Based on an average daily volume of 79,005 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Nuveen Real Estate Income Fund

Hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Nuveen Real Estate Income Fund in the second quarter valued at $51,000. Susquehanna International Group LLP purchased a new stake in Nuveen Real Estate Income Fund in the second quarter valued at about $86,000. Readystate Asset Management LP purchased a new position in shares of Nuveen Real Estate Income Fund during the first quarter worth $79,000. Kestra Advisory Services LLC increased its stake in shares of Nuveen Real Estate Income Fund by 16.2% in the 1st quarter. Kestra Advisory Services LLC now owns 33,791 shares of the company’s stock valued at $252,000 after purchasing an additional 4,707 shares in the last quarter. Finally, Bank of America Corp DE acquired a new position in Nuveen Real Estate Income Fund during the second quarter worth about $395,000.

Nuveen Real Estate Income Fund Stock Performance

NYSE:JRS traded up $0.12 during trading hours on Thursday, hitting $7.45. The company had a trading volume of 75,249 shares, compared to its average volume of 71,659. Nuveen Real Estate Income Fund has a 52 week low of $7.12 and a 52 week high of $8.90. The stock has a 50-day moving average price of $7.70 and a 200 day moving average price of $8.02.

Nuveen Real Estate Income Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th were given a $0.19 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $0.76 annualized dividend and a yield of 10.2%.

About Nuveen Real Estate Income Fund

Nuveen Real Estate Income Fund (NYSE:JRS) is a closed-end investment fund that seeks to provide a high level of current income along with the potential for capital appreciation. The fund invests primarily in income-producing securities issued by real estate companies, including real estate investment trusts (REITs), real estate operating companies and related businesses.

JRS may hold a combination of common stocks, preferred securities and debt instruments, giving investors exposure to multiple segments of the real estate industry.