Short Interest in Nuveen Core Plus Impact Fund (NYSE:NPCT) Drops By 54.8%

Nuveen Core Plus Impact Fund (NYSE:NPCT) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 8,004 shares, a decrease of 54.8% from the July 30th total of 17,694 shares. Based on an average daily volume of 98,109 shares, the short-interest ratio is presently 0.1 days.

Nuveen Core Plus Impact Fund Stock Down 0.4%

NPCT stock traded down $0.04 during mid-day trading on Monday, reaching $9.66. The company had a trading volume of 109,383 shares, compared to its average volume of 126,777. Nuveen Core Plus Impact Fund has a 52 week low of $9.60 and a 52 week high of $11.12. The stock has a 50 day simple moving average of $9.83 and a two-hundred day simple moving average of $10.10.

Nuveen Core Plus Impact Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be issued a $0.0895 dividend. This represents a c) annualized dividend and a dividend yield of 11.1%. The ex-dividend date of this dividend is Friday, August 14th.

Hedge Funds Weigh In On Nuveen Core Plus Impact Fund

Institutional investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. bought a new stake in Nuveen Core Plus Impact Fund during the first quarter worth $49,000. Assetmark Inc. grew its position in shares of 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 acquiring an additional 5,000 shares during the period. Fifth Third Bancorp bought a new position in shares of Nuveen Core Plus Impact Fund in the 1st quarter valued at about $66,000. Ameritas Advisory Services LLC acquired a new position in shares of Nuveen Core Plus Impact Fund during the 2nd quarter worth about $84,000. Finally, Global Retirement Partners LLC acquired a new position in shares of Nuveen Core Plus Impact Fund during the 4th quarter worth about $92,000.

Nuveen Core Plus Impact Fund (NYSE: NPCT) is a closed-end management investment company advised by Nuveen, one of the world’s largest asset managers. Launched in mid-2021, the fund seeks to provide a combination of current income, capital appreciation and positive social and environmental impact. Investors gain exposure to a diversified portfolio of global fixed-income securities while aiming to support projects and issuers that address sustainability challenges.

The fund’s core-plus strategy combines a broad allocation to high-quality investment-grade and select non-investment-grade corporate bonds, sovereign and supranational debt, and securitized products such as agency mortgage-backed securities.