Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Shares Shorted: Short Interest Down 91.6% in September

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 4,078 shares, a decline of 91.6% from the September 15th total of 48,785 shares. Based on an average trading volume of 234,299 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

Hedge funds have recently added to or reduced their stakes in the business. Private Advisor Group LLC increased its position in Nuveen Real Asset Income and Growth Fund by 1.3% in the 1st quarter. Private Advisor Group LLC now owns 139,914 shares of the company’s stock worth $1,721,000 after buying an additional 1,750 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Nuveen Real Asset Income and Growth Fund by 140.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,203 shares of the company’s stock worth $54,000 after acquiring an additional 2,454 shares during the period. Alteri Wealth LLC raised its stake in Nuveen Real Asset Income and Growth Fund by 42.2% during the 4th quarter. Alteri Wealth LLC now owns 19,003 shares of the company’s stock valued at $259,000 after purchasing an additional 5,641 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in shares of Nuveen Real Asset Income and Growth Fund by 12.1% during the first quarter. Chicago Partners Investment Group LLC now owns 93,073 shares of the company’s stock valued at $1,210,000 after buying an additional 10,066 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of Nuveen Real Asset Income and Growth Fund in the 1st quarter worth approximately $128,000.

Nuveen Real Asset Income and Growth Fund Stock Up 1.0%

JRI stock traded up $0.11 during mid-day trading on Friday, reaching $10.62. 232,157 shares of the stock traded hands, compared to its average volume of 188,203. Nuveen Real Asset Income and Growth Fund has a 52 week low of $10.36 and a 52 week high of $14.21. The business has a 50-day moving average of $11.88 and a two-hundred day moving average of $12.49.

Nuveen Real Asset Income and Growth Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 15th will be paid a $0.1335 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 15.1%.

About Nuveen Real Asset Income and Growth Fund

Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company advised by Nuveen Fund Advisors. The fund seeks to provide a high level of current income and long-term total return by investing primarily in securities associated with real assets.

Its portfolio may include infrastructure companies, real estate investment trusts, utilities, energy-related businesses, and other issuers whose assets or operations are linked to tangible resources.