Nuveen Real Estate Income Fund (NYSE:JRS) Short Interest Up 262.3% in January

Nuveen Real Estate Income Fund (NYSE:JRS) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 17,323 shares, a growth of 262.3% from the January 15th total of 4,782 shares. Based on an average daily volume of 84,793 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 84,793 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Nuveen Real Estate Income Fund

Large investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in shares of Nuveen Real Estate Income Fund during the fourth quarter worth approximately $36,000. Harbour Investments Inc. raised its stake in Nuveen Real Estate Income Fund by 224.2% during the 4th quarter. Harbour Investments Inc. now owns 8,380 shares of the company’s stock valued at $64,000 after acquiring an additional 5,795 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in Nuveen Real Estate Income Fund by 41.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 8,552 shares of the company’s stock worth $70,000 after acquiring an additional 2,500 shares during the period. Colonial Trust Advisors bought a new position in shares of Nuveen Real Estate Income Fund in the second quarter worth $76,000. Finally, Kanen Wealth Management LLC acquired a new position in shares of Nuveen Real Estate Income Fund during the third quarter valued at $97,000.

Nuveen Real Estate Income Fund Stock Performance

Shares of JRS stock traded up $0.08 during trading hours on Friday, hitting $8.11. 84,919 shares of the company were exchanged, compared to its average volume of 100,031. Nuveen Real Estate Income Fund has a one year low of $6.56 and a one year high of $8.92. The business’s 50-day simple moving average is $7.73 and its two-hundred day simple moving average is $7.88.

Nuveen Real Estate Income Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date was Monday, December 15th.

Nuveen Real Estate Income Fund Company Profile

Nuveen Real Estate Income Fund (NYSE: JRS) is a diversified closed-end management investment company that seeks to provide shareholders with attractive levels of current income. The fund pursues its objective through investments primarily in equity and debt securities of real estate companies, including publicly traded REITs, real estate operating companies and mortgage-backed securities. By holding a mixture of equity and fixed-income positions, it aims to achieve a balance of income generation and potential for capital appreciation.

The fund’s portfolio construction emphasizes diversification across geographic regions and real estate sectors.