Nuveen Real Estate Income Fund (NYSE:JRS) Short Interest Update

Nuveen Real Estate Income Fund (NYSE:JRS) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 107,800 shares, an increase of 245.5% from the October 31st total of 31,200 shares. Based on an average daily trading volume, of 90,600 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On Nuveen Real Estate Income Fund

Several institutional investors have recently modified their holdings of the company. Pathstone Holdings LLC grew its position in Nuveen Real Estate Income Fund by 40.9% in the 3rd quarter. Pathstone Holdings LLC now owns 619,779 shares of the company’s stock valued at $5,765,000 after buying an additional 179,819 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of Nuveen Real Estate Income Fund by 11.7% in the second quarter. Private Advisor Group LLC now owns 368,308 shares of the company’s stock worth $2,814,000 after purchasing an additional 38,650 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of Nuveen Real Estate Income Fund by 838.0% in the third quarter. International Assets Investment Management LLC now owns 37,455 shares of the company’s stock worth $348,000 after purchasing an additional 33,462 shares in the last quarter. Stifel Financial Corp increased its holdings in Nuveen Real Estate Income Fund by 19.8% in the third quarter. Stifel Financial Corp now owns 32,266 shares of the company’s stock worth $300,000 after buying an additional 5,341 shares during the last quarter. Finally, MML Investors Services LLC acquired a new position in Nuveen Real Estate Income Fund in the third quarter worth approximately $140,000.

Nuveen Real Estate Income Fund Price Performance

Nuveen Real Estate Income Fund stock traded up $0.09 during trading on Thursday, reaching $9.64. The company had a trading volume of 30,519 shares, compared to its average volume of 82,261. Nuveen Real Estate Income Fund has a 12-month low of $6.85 and a 12-month high of $9.68. The stock’s 50 day moving average price is $9.09 and its two-hundred day moving average price is $8.43.

Nuveen Real Estate Income Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th were issued a dividend of $0.17 per share. The ex-dividend date was Friday, September 13th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 7.05%.

Nuveen Real Estate Income Fund Company Profile

Nuveen Real Estate Income Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is managed by Security Capital Research & Management Incorporated. It invests in the public equity markets of the United States. The fund makes its investments in stocks of companies operating in the real-estate sector.