Nuveen Core Equity Alpha Fund (NYSE:JCE) Sees Significant Drop in Short Interest

Nuveen Core Equity Alpha Fund (NYSE:JCEGet Free Report) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 7,600 shares, a decrease of 25.5% from the August 31st total of 10,200 shares. Based on an average daily trading volume, of 31,100 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 31,100 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Nuveen Core Equity Alpha Fund

Large investors have recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC purchased a new stake in Nuveen Core Equity Alpha Fund in the 2nd quarter valued at $27,000. Eastern Bank purchased a new position in shares of Nuveen Core Equity Alpha Fund during the 1st quarter worth $27,000. FNY Investment Advisers LLC purchased a new position in shares of Nuveen Core Equity Alpha Fund during the 1st quarter worth $43,000. Cornerstone Advisors LLC purchased a new position in shares of Nuveen Core Equity Alpha Fund during the 1st quarter worth $89,000. Finally, Sowell Financial Services LLC purchased a new position in shares of Nuveen Core Equity Alpha Fund during the 1st quarter worth $161,000.

Nuveen Core Equity Alpha Fund Stock Performance

Shares of NYSE:JCE opened at $15.66 on Thursday. The business has a fifty day moving average of $15.62 and a two-hundred day moving average of $15.04. Nuveen Core Equity Alpha Fund has a 52-week low of $12.51 and a 52-week high of $16.58.

Nuveen Core Equity Alpha Fund Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Monday, September 15th were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 8.2%. The ex-dividend date was Monday, September 15th.

Nuveen Core Equity Alpha Fund Company Profile

(Get Free Report)

Nuveen Core Equity Alpha Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and INTECH Investment Management. It invests in the public equity markets of the United States. The fund also invests some portion of its portfolio in derivatives using futures and options.

Further Reading

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