Nuveen Core Plus Impact Fund (NYSE:NPCT) Stock Short Interest Declines 70.1%

Nuveen Core Plus Impact Fund (NYSE:NPCT) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totaling 68,975 shares, a drop of 70.1% from the September 15th total of 231,005 shares. Based on an average daily volume of 108,201 shares, the days-to-cover ratio is presently 0.6 days.

Nuveen Core Plus Impact Fund Stock Performance

Shares of NYSE NPCT traded down $0.03 during midday trading on Tuesday, reaching $9.02. 70,262 shares of the stock were exchanged, compared to its average volume of 122,865. The stock has a 50 day moving average price of $9.54 and a 200-day moving average price of $9.89. Nuveen Core Plus Impact Fund has a 52-week low of $8.89 and a 52-week high of $10.94.

Nuveen Core Plus Impact Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 15th will be issued a $0.0895 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.07 annualized dividend and a yield of 11.9%.

Institutional Investors Weigh In On Nuveen Core Plus Impact Fund

Several hedge funds have recently made changes to their positions in the business. Integrated Wealth Concepts LLC acquired a new stake in Nuveen Core Plus Impact Fund in the 2nd quarter worth about $48,000. Assetmark Inc. grew its holdings in Nuveen Core Plus Impact Fund by 8,620.7% in the 1st quarter. Assetmark Inc. now owns 5,058 shares of the company’s stock valued at $52,000 after buying an additional 5,000 shares during the period. Fifth Third Bancorp acquired a new position in shares of Nuveen Core Plus Impact Fund during the 1st quarter valued at about $66,000. Ameritas Advisory Services LLC purchased a new position in shares of Nuveen Core Plus Impact Fund during the 2nd quarter worth about $84,000. Finally, Petra Financial Advisors Inc. purchased a new position in shares of Nuveen Core Plus Impact Fund during the 1st quarter worth about $102,000.

Nuveen Core Plus Impact Fund (NYSE:NPCT) is a closed-end investment fund managed by Nuveen, the asset-management arm of TIAA. The fund seeks to provide investors with current income and long-term total return through a diversified portfolio of fixed-income securities.

The fund uses a core-plus strategy, which allows it to invest across a broad range of debt markets, including government and corporate bonds, mortgage- and asset-backed securities, municipal bonds, high-yield debt and securities issued in emerging markets.