Nuveen Core Plus Impact Fund (NYSE:NPCT) Stock Short Interest Falls 70.1%

Nuveen Core Plus Impact Fund (NYSE:NPCT) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 68,975 shares, a drop of 70.1% from the September 15th total of 231,005 shares. Based on an average trading volume of 108,201 shares, the days-to-cover ratio is presently 0.6 days.

Nuveen Core Plus Impact Fund Stock Down 0.3%

Shares of NPCT stock traded down $0.03 during trading on Monday, reaching $9.04. 14,473 shares of the company’s stock were exchanged, compared to its average volume of 123,135. Nuveen Core Plus Impact Fund has a twelve month low of $8.89 and a twelve month high of $11.00. The firm’s fifty day moving average price is $9.56 and its 200-day moving average price is $9.89.

Nuveen Core Plus Impact Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Thursday, October 15th will be given a dividend of $0.0895 per share. This represents a $1.07 dividend on an annualized basis and a yield of 11.9%. The ex-dividend date of this dividend is Thursday, October 15th.

Institutional Investors Weigh In On Nuveen Core Plus Impact Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sit Investment Associates Inc. lifted its holdings in shares of Nuveen Core Plus Impact Fund by 13.8% in the fourth quarter. Sit Investment Associates Inc. now owns 206,501 shares of the company’s stock worth $2,102,000 after acquiring an additional 25,000 shares during the last quarter. Royal Bank of Canada raised its holdings in Nuveen Core Plus Impact Fund by 3.4% during the 1st quarter. Royal Bank of Canada now owns 85,784 shares of the company’s stock worth $874,000 after purchasing an additional 2,812 shares during the last quarter. Private Advisor Group LLC raised its stake in Nuveen Core Plus Impact Fund by 20.3% during the first quarter. Private Advisor Group LLC now owns 28,231 shares of the company’s stock worth $288,000 after buying an additional 4,758 shares during the last quarter. Readystate Asset Management LP acquired a new position in shares of Nuveen Core Plus Impact Fund in the 2nd quarter valued at about $248,000. Finally, Petra Financial Advisors Inc. acquired a new stake in shares of Nuveen Core Plus Impact Fund during the 1st quarter worth approximately $102,000.

Nuveen Core Plus Impact Fund (NYSE:NPCT) is a closed-end investment fund managed by Nuveen, the asset-management arm of TIAA. The fund seeks to provide investors with current income and long-term total return through a diversified portfolio of fixed-income securities.

The fund uses a core-plus strategy, which allows it to invest across a broad range of debt markets, including government and corporate bonds, mortgage- and asset-backed securities, municipal bonds, high-yield debt and securities issued in emerging markets.