Nuveen Mortgage and Income Fund (NYSE:JLS) Short Interest Down 15.9% in January

Nuveen Mortgage and Income Fund (NYSE:JLS) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 13,338 shares, a drop of 15.9% from the December 31st total of 15,869 shares. Based on an average daily trading volume, of 19,910 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 19,910 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On Nuveen Mortgage and Income Fund

Institutional investors have recently bought and sold shares of the business. Eagle Bay Advisors LLC purchased a new position in shares of Nuveen Mortgage and Income Fund in the fourth quarter valued at about $25,000. International Assets Investment Management LLC bought a new position in shares of Nuveen Mortgage and Income Fund during the fourth quarter worth $54,000. Hennion & Walsh Asset Management Inc. bought a new stake in Nuveen Mortgage and Income Fund in the 4th quarter valued at $247,000. Cetera Investment Advisers boosted its holdings in shares of Nuveen Mortgage and Income Fund by 4.3% during the 2nd quarter. Cetera Investment Advisers now owns 13,349 shares of the company’s stock valued at $250,000 after purchasing an additional 549 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of Nuveen Mortgage and Income Fund by 5.3% during the 2nd quarter. First Trust Advisors LP now owns 26,741 shares of the company’s stock valued at $501,000 after purchasing an additional 1,339 shares during the last quarter.

Nuveen Mortgage and Income Fund Price Performance

Shares of NYSE:JLS traded down $0.10 during trading on Tuesday, hitting $18.53. The company’s stock had a trading volume of 39,433 shares, compared to its average volume of 21,433. The company has a 50-day moving average of $18.38 and a 200-day moving average of $18.66. Nuveen Mortgage and Income Fund has a 12 month low of $16.80 and a 12 month high of $19.25.

Nuveen Mortgage and Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be paid a dividend of $0.1535 per share. The ex-dividend date is Friday, February 13th. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%.

Nuveen Mortgage and Income Fund Company Profile

Nuveen Mortgage and Income Fund (NYSE: JLS) is a closed-end management investment company that primarily invests in U.S. residential mortgage-backed securities. The fund seeks to generate current income with the potential for capital appreciation by allocating assets across a diversified portfolio of agency and non-agency residential mortgage-backed securities, adjustable-rate mortgage securities and mortgage servicing rights. To enhance returns, the fund may employ leverage through repurchase agreements, preferred shares or other financing arrangements.

Since its inception in July 2006, Nuveen Mortgage and Income Fund has focused on navigating various interest-rate and credit-cycle environments through active duration management and credit analysis.