Short Interest in Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Drops By 82.0%

Nuveen Real Asset Income and Growth Fund (NYSE:JRIGet Free Report) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 29,100 shares, a decline of 82.0% from the December 31st total of 161,700 shares. Based on an average trading volume of 132,400 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Nuveen Real Asset Income and Growth Fund

Institutional investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its holdings in shares of Nuveen Real Asset Income and Growth Fund by 1,267.0% during the 3rd quarter. International Assets Investment Management LLC now owns 2,734 shares of the company’s stock worth $37,000 after acquiring an additional 2,534 shares during the period. Worth Asset Management LLC acquired a new position in Nuveen Real Asset Income and Growth Fund during the fourth quarter worth about $122,000. HighTower Advisors LLC bought a new position in shares of Nuveen Real Asset Income and Growth Fund in the third quarter worth about $140,000. World Investment Advisors LLC acquired a new stake in shares of Nuveen Real Asset Income and Growth Fund in the 3rd quarter valued at approximately $183,000. Finally, Segall Bryant & Hamill LLC acquired a new stake in shares of Nuveen Real Asset Income and Growth Fund in the 3rd quarter valued at approximately $205,000.

Nuveen Real Asset Income and Growth Fund Price Performance

Shares of JRI traded up $0.10 during mid-day trading on Tuesday, hitting $12.67. 154,242 shares of the company’s stock were exchanged, compared to its average volume of 143,161. Nuveen Real Asset Income and Growth Fund has a 52 week low of $10.84 and a 52 week high of $13.72. The company has a 50-day simple moving average of $12.68 and a 200 day simple moving average of $12.88.

Nuveen Real Asset Income and Growth Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be paid a dividend of $0.1335 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 12.65%. The ex-dividend date is Wednesday, January 15th.

Nuveen Real Asset Income and Growth Fund Company Profile

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Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts.

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