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

Nuveen Real Estate Income Fund (NYSE:JRS) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 26,100 shares, a growth 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 presently 0.3 days.

Institutional Trading of Nuveen Real Estate Income Fund

Institutional investors have recently made changes to their positions in the stock. Advisors Asset Management Inc. boosted its holdings in shares of Nuveen Real Estate Income Fund by 5.3% in the fourth quarter. Advisors Asset Management Inc. now owns 705,953 shares of the company’s stock worth $6,092,000 after buying an additional 35,323 shares during the last quarter. Pathstone Holdings LLC increased its position in Nuveen Real Estate Income Fund by 40.9% in the third quarter. Pathstone Holdings LLC now owns 619,779 shares of the company’s stock worth $5,765,000 after purchasing an additional 179,819 shares during the last quarter. Baird Financial Group Inc. boosted its stake in Nuveen Real Estate Income Fund by 3.4% during the fourth quarter. Baird Financial Group Inc. now owns 449,385 shares of the company’s stock worth $3,878,000 after buying an additional 14,885 shares during the period. Private Advisor Group LLC boosted its stake in Nuveen Real Estate Income Fund by 5.1% during the fourth quarter. Private Advisor Group LLC now owns 380,625 shares of the company’s stock worth $3,285,000 after buying an additional 18,479 shares during the period. Finally, Thomas J. Herzfeld Advisors Inc. purchased a new stake in shares of Nuveen Real Estate Income Fund during the fourth quarter valued at $2,519,000.

Nuveen Real Estate Income Fund Trading Down 1.8 %

JRS traded down $0.15 during trading on Friday, hitting $8.10. 53,719 shares of the stock traded hands, compared to its average volume of 78,999. The firm has a 50-day moving average of $8.57 and a 200 day moving average of $8.87. Nuveen Real Estate Income Fund has a 12-month low of $7.10 and a 12-month high of $9.69.

Nuveen Real Estate Income Fund Announces Dividend

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

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.