Short Interest in Nuveen Real Estate Income Fund (NYSE:JRS) Expands By 21.5%

Nuveen Real Estate Income Fund (NYSE:JRS) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 16,923 shares, an increase of 21.5% from the March 15th total of 13,923 shares. Based on an average daily trading volume, of 77,298 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Nuveen Real Estate Income Fund

Several institutional investors have recently modified their holdings of JRS. Pathstone Holdings LLC grew its stake in shares of Nuveen Real Estate Income Fund by 26.4% in the third quarter. Pathstone Holdings LLC now owns 674,774 shares of the company’s stock valued at $5,520,000 after acquiring an additional 140,914 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Nuveen Real Estate Income Fund by 14.4% in the fourth quarter. Advisors Asset Management Inc. now owns 665,520 shares of the company’s stock worth $5,098,000 after acquiring an additional 83,927 shares during the last quarter. Kanen Wealth Management LLC lifted its holdings in shares of Nuveen Real Estate Income Fund by 3,975.8% in the fourth quarter. Kanen Wealth Management LLC now owns 480,939 shares of the company’s stock worth $3,668,000 after acquiring an additional 469,139 shares during the last quarter. Private Advisor Group LLC raised its holdings in Nuveen Real Estate Income Fund by 0.7% in the 4th quarter. Private Advisor Group LLC now owns 401,005 shares of the company’s stock valued at $3,072,000 after buying an additional 2,755 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in Nuveen Real Estate Income Fund by 4.8% in the 4th quarter. LPL Financial LLC now owns 218,665 shares of the company’s stock valued at $1,675,000 after buying an additional 10,056 shares during the last quarter.

Nuveen Real Estate Income Fund Stock Performance

Shares of JRS opened at $8.19 on Friday. The company’s fifty day moving average is $7.86 and its 200-day moving average is $7.84. Nuveen Real Estate Income Fund has a 12 month low of $7.12 and a 12 month high of $8.38.

Nuveen Real Estate Income Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Friday, March 13th were given a dividend of $0.17 per share. The ex-dividend date was Friday, March 13th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 8.3%.

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.