Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Short Interest Update

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 102,200 shares, an increase of 7.1% from the September 15th total of 95,400 shares. Based on an average trading volume of 162,500 shares, the short-interest ratio is currently 0.6 days.

Nuveen Real Asset Income and Growth Fund Stock Performance

JRI opened at $13.17 on Thursday. The business has a 50 day moving average price of $13.09 and a 200 day moving average price of $12.28. Nuveen Real Asset Income and Growth Fund has a twelve month low of $9.70 and a twelve month high of $13.72.

Nuveen Real Asset Income and Growth Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be paid a $0.133 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 12.12%. The ex-dividend date of this dividend is Tuesday, October 15th.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

Large investors have recently modified their holdings of the company. Park Avenue Securities LLC lifted its position in Nuveen Real Asset Income and Growth Fund by 12.0% during the 1st quarter. Park Avenue Securities LLC now owns 13,971 shares of the company’s stock worth $166,000 after acquiring an additional 1,499 shares during the last quarter. Consolidated Portfolio Review Corp lifted its position in shares of Nuveen Real Asset Income and Growth Fund by 25.1% during the 1st quarter. Consolidated Portfolio Review Corp now owns 97,607 shares of the company’s stock worth $1,158,000 after purchasing an additional 19,577 shares during the last quarter. Private Advisor Group LLC boosted its stake in Nuveen Real Asset Income and Growth Fund by 9.2% during the 1st quarter. Private Advisor Group LLC now owns 128,370 shares of the company’s stock valued at $1,522,000 after purchasing an additional 10,793 shares during the period. Oppenheimer & Co. Inc. grew its holdings in Nuveen Real Asset Income and Growth Fund by 6.3% in the 1st quarter. Oppenheimer & Co. Inc. now owns 17,050 shares of the company’s stock valued at $202,000 after buying an additional 1,017 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its holdings in Nuveen Real Asset Income and Growth Fund by 13.4% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 11,569 shares of the company’s stock valued at $137,000 after buying an additional 1,363 shares during the last quarter.

Nuveen Real Asset Income and Growth Fund Company Profile

Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts.