Nuveen Core Equity Alpha Fund (NYSE:JCE) Short Interest Update

Nuveen Core Equity Alpha Fund (NYSE:JCE) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 6,800 shares, a growth of 44.7% from the February 13th total of 4,700 shares. Based on an average daily volume of 29,800 shares, the short-interest ratio is presently 0.2 days.

Nuveen Core Equity Alpha Fund Trading Down 0.8 %

NYSE:JCE opened at $14.45 on Friday. Nuveen Core Equity Alpha Fund has a one year low of $13.32 and a one year high of $16.58. The company has a fifty day moving average price of $15.67 and a 200 day moving average price of $15.50.

Nuveen Core Equity Alpha Fund Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 8.86%. The ex-dividend date is Friday, March 14th.

Institutional Trading of Nuveen Core Equity Alpha Fund

Several hedge funds have recently modified their holdings of the stock. Larson Financial Group LLC lifted its stake in shares of Nuveen Core Equity Alpha Fund by 227.7% in the 3rd quarter. Larson Financial Group LLC now owns 6,553 shares of the company’s stock valued at $101,000 after purchasing an additional 4,553 shares during the period. Cetera Investment Advisers increased its stake in Nuveen Core Equity Alpha Fund by 35.1% in the 4th quarter. Cetera Investment Advisers now owns 25,876 shares of the company’s stock valued at $411,000 after buying an additional 6,729 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Nuveen Core Equity Alpha Fund by 6.2% during the fourth quarter. NewEdge Advisors LLC now owns 27,161 shares of the company’s stock worth $432,000 after acquiring an additional 1,596 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Nuveen Core Equity Alpha Fund by 8.1% during the 4th quarter. Ameriprise Financial Inc. now owns 37,428 shares of the company’s stock worth $595,000 after purchasing an additional 2,796 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its stake in Nuveen Core Equity Alpha Fund by 19.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 83,693 shares of the company’s stock valued at $1,331,000 after acquiring an additional 13,550 shares during the last quarter.

About Nuveen Core Equity Alpha Fund

Nuveen Core Equity Alpha Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and INTECH Investment Management. It invests in the public equity markets of the United States. The fund also invests some portion of its portfolio in derivatives using futures and options.