Nuveen Real Estate Income Fund (NYSE:JRS) Short Interest Up 71.7% in February

Nuveen Real Estate Income Fund (NYSE:JRS) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 26,100 shares, an increase of 71.7% from the February 13th total of 15,200 shares. Based on an average daily trading volume, of 77,300 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. acquired a new stake in Nuveen Real Estate Income Fund in the fourth quarter valued at $52,000. Bay Capital Advisors LLC acquired a new stake in Nuveen Real Estate Income Fund in the 4th quarter worth about $120,000. Citadel Advisors LLC acquired a new stake in Nuveen Real Estate Income Fund in the 4th quarter worth about $128,000. MML Investors Services LLC purchased a new position in shares of Nuveen Real Estate Income Fund in the 3rd quarter worth about $140,000. Finally, Mariner LLC purchased a new position in shares of Nuveen Real Estate Income Fund in the 4th quarter worth about $149,000.

Nuveen Real Estate Income Fund Stock Down 1.8 %

NYSE:JRS traded down $0.15 on Friday, reaching $8.10. 53,719 shares of the company’s stock were exchanged, compared to its average volume of 78,999. Nuveen Real Estate Income Fund has a 52-week low of $7.10 and a 52-week high of $9.69. The business has a fifty day moving average of $8.57 and a 200-day moving average of $8.87.

Nuveen Real Estate Income Fund Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 8.40%. The ex-dividend date of this dividend is Friday, March 14th.

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.