Short Interest in Nuveen Real Estate Income Fund (NYSE:JRS) Declines By 14.2%

Nuveen Real Estate Income Fund (NYSE:JRS) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 4,782 shares, a drop of 14.2% from the December 31st total of 5,573 shares. Based on an average daily volume of 123,107 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 123,107 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Nuveen Real Estate Income Fund

A number of institutional investors have recently modified their holdings of JRS. Janney Montgomery Scott LLC lifted its position in shares of Nuveen Real Estate Income Fund by 7.2% in the second quarter. Janney Montgomery Scott LLC now owns 20,229 shares of the company’s stock valued at $157,000 after acquiring an additional 1,364 shares in the last quarter. Mutual Advisors LLC raised its stake in Nuveen Real Estate Income Fund by 2.0% in the 4th quarter. Mutual Advisors LLC now owns 90,728 shares of the company’s stock valued at $695,000 after purchasing an additional 1,751 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Nuveen Real Estate Income Fund by 4.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 47,265 shares of the company’s stock valued at $368,000 after purchasing an additional 1,920 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Nuveen Real Estate Income Fund by 41.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 8,552 shares of the company’s stock worth $70,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Nuveen Real Estate Income Fund during the second quarter worth about $30,000.

Nuveen Real Estate Income Fund Trading Up 0.5%

Shares of NYSE JRS opened at $7.74 on Wednesday. Nuveen Real Estate Income Fund has a 12-month low of $6.56 and a 12-month high of $8.92. The business’s fifty day simple moving average is $7.71 and its 200-day simple moving average is $7.88.

Nuveen Real Estate Income Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date of this dividend was Monday, December 15th.

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.