Nuveen Real Estate Income Fund (NYSE:JRS) Short Interest Down 61.2% in February

Nuveen Real Estate Income Fund (NYSE:JRS) was the recipient of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 5,581 shares, a drop of 61.2% from the February 12th total of 14,374 shares. Based on an average daily volume of 60,929 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 60,929 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in JRS. International Assets Investment Management LLC purchased a new position in shares of Nuveen Real Estate Income Fund in the 4th quarter valued at approximately $36,000. Harbour Investments Inc. raised its holdings in Nuveen Real Estate Income Fund by 224.2% in the fourth quarter. Harbour Investments Inc. now owns 8,380 shares of the company’s stock worth $64,000 after purchasing an additional 5,795 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in Nuveen Real Estate Income Fund by 41.3% during the first quarter. Geneos Wealth Management Inc. now owns 8,552 shares of the company’s stock valued at $70,000 after buying an additional 2,500 shares during the period. Colonial Trust Advisors purchased a new position in Nuveen Real Estate Income Fund during the second quarter valued at $76,000. Finally, Kanen Wealth Management LLC bought a new stake in shares of Nuveen Real Estate Income Fund during the 3rd quarter valued at $97,000.

Nuveen Real Estate Income Fund Stock Up 0.3%

Shares of JRS opened at $7.90 on Wednesday. Nuveen Real Estate Income Fund has a 1-year low of $6.56 and a 1-year high of $8.47. The firm’s 50-day moving average price is $7.90 and its 200-day moving average price is $7.93.

Nuveen Real Estate Income Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 8.6%. The ex-dividend date of this dividend is Friday, March 13th.

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.