Short Interest in Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Expands By 23.3%

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 185,300 shares, an increase of 23.3% from the October 31st total of 150,300 shares. Based on an average daily trading volume, of 135,000 shares, the short-interest ratio is currently 1.4 days.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

A number of large investors have recently modified their holdings of the company. International Assets Investment Management LLC grew its position in shares of Nuveen Real Asset Income and Growth Fund by 1,267.0% in the 3rd quarter. International Assets Investment Management LLC now owns 2,734 shares of the company’s stock worth $37,000 after buying an additional 2,534 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in Nuveen Real Asset Income and Growth Fund by 13.4% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 11,569 shares of the company’s stock valued at $137,000 after acquiring an additional 1,363 shares during the period. HighTower Advisors LLC purchased a new stake in Nuveen Real Asset Income and Growth Fund in the third quarter valued at $140,000. World Investment Advisors LLC purchased a new position in shares of Nuveen Real Asset Income and Growth Fund during the 3rd quarter valued at approximately $183,000. Finally, Segall Bryant & Hamill LLC acquired a new position in shares of Nuveen Real Asset Income and Growth Fund in the third quarter worth about $205,000.

Nuveen Real Asset Income and Growth Fund Stock Down 0.8 %

Shares of JRI traded down $0.11 during midday trading on Monday, hitting $13.50. 169,613 shares of the company traded hands, compared to its average volume of 112,502. Nuveen Real Asset Income and Growth Fund has a 52 week low of $10.84 and a 52 week high of $13.72. The firm has a 50 day moving average of $13.25 and a 200-day moving average of $12.70.

Nuveen Real Asset Income and Growth Fund Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $0.1335 per share. This is a positive change from Nuveen Real Asset Income and Growth Fund’s previous monthly dividend of $0.13. This represents a $1.60 dividend on an annualized basis and a dividend yield of 11.87%. The ex-dividend date is Friday, November 15th.

About Nuveen Real Asset Income and Growth Fund

Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts.