Nuveen Multi-Asset Income Fund (NYSE:NMAI) Short Interest Update

Nuveen Multi-Asset Income Fund (NYSE:NMAI) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 26,100 shares, a decrease of 37.3% from the May 15th total of 41,600 shares. Based on an average daily volume of 103,100 shares, the short-interest ratio is presently 0.3 days.

Nuveen Multi-Asset Income Fund Price Performance

Shares of NMAI traded down $0.05 during mid-day trading on Tuesday, hitting $12.33. The company’s stock had a trading volume of 56,638 shares, compared to its average volume of 110,424. The company’s 50-day moving average is $12.08 and its 200-day moving average is $12.19. Nuveen Multi-Asset Income Fund has a 52-week low of $10.21 and a 52-week high of $13.50.

Nuveen Multi-Asset Income Fund Announces Dividend

The firm also recently declared a — dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be given a $0.126 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a dividend yield of 13.3%.

Institutional Investors Weigh In On Nuveen Multi-Asset Income Fund

Several hedge funds have recently modified their holdings of the business. Penserra Capital Management LLC lifted its position in shares of Nuveen Multi-Asset Income Fund by 23.3% in the 1st quarter. Penserra Capital Management LLC now owns 889,704 shares of the company’s stock worth $10,694,000 after purchasing an additional 168,390 shares during the period. Shaker Financial Services LLC lifted its position in shares of Nuveen Multi-Asset Income Fund by 48.0% in the 1st quarter. Shaker Financial Services LLC now owns 286,041 shares of the company’s stock worth $3,495,000 after purchasing an additional 92,794 shares during the period. LPL Financial LLC lifted its position in shares of Nuveen Multi-Asset Income Fund by 16.0% in the 1st quarter. LPL Financial LLC now owns 271,512 shares of the company’s stock worth $3,264,000 after purchasing an additional 37,460 shares during the period. Wolverine Asset Management LLC lifted its position in shares of Nuveen Multi-Asset Income Fund by 252.8% in the 1st quarter. Wolverine Asset Management LLC now owns 219,407 shares of the company’s stock worth $2,637,000 after purchasing an additional 157,212 shares during the period. Finally, Royal Bank of Canada lifted its position in shares of Nuveen Multi-Asset Income Fund by 189.8% in the 1st quarter. Royal Bank of Canada now owns 98,778 shares of the company’s stock worth $1,187,000 after purchasing an additional 64,693 shares during the period.