Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Stock Short Interest Report for October

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 58,246 shares, an increase of 220.8% from the October 15th total of 18,154 shares. Based on an average daily volume of 197,380 shares, the days-to-cover ratio is presently 0.3 days.

Nuveen Real Asset Income and Growth Fund Price Performance

Nuveen Real Asset Income and Growth Fund stock traded down $0.16 during trading hours on Thursday, hitting $11.55. The company had a trading volume of 149,095 shares, compared to its average volume of 187,694. The company has a 50-day moving average price of $11.19 and a two-hundred day moving average price of $12.39. Nuveen Real Asset Income and Growth Fund has a 1 year low of $10.31 and a 1 year high of $13.92.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be issued a dividend of $0.1335 per share. This represents a $1.60 annualized dividend and a yield of 13.9%. The ex-dividend date is Friday, November 13th.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

Several hedge funds and other institutional investors have recently bought and sold shares of JRI. Bank of America Corp DE boosted its position in Nuveen Real Asset Income and Growth Fund by 182.1% during the first quarter. Bank of America Corp DE now owns 87,224 shares of the company’s stock valued at $1,073,000 after purchasing an additional 56,309 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in shares of Nuveen Real Asset Income and Growth Fund by 319.6% in the 2nd quarter. CoreCap Advisors LLC now owns 69,156 shares of the company’s stock valued at $896,000 after acquiring an additional 52,675 shares during the last quarter. Private Advisor Group LLC grew its position in Nuveen Real Asset Income and Growth Fund by 21.3% during the 3rd quarter. Private Advisor Group LLC now owns 185,599 shares of the company’s stock worth $1,999,000 after purchasing an additional 32,535 shares during the period. NewEdge Advisors LLC grew its holdings in Nuveen Real Asset Income and Growth Fund by 108.4% during the second quarter. NewEdge Advisors LLC now owns 56,714 shares of the company’s stock worth $735,000 after acquiring an additional 29,498 shares during the period. Finally, Readystate Asset Management LP purchased a new position in shares of Nuveen Real Asset Income and Growth Fund during the 1st quarter valued at approximately $354,000.

About Nuveen Real Asset Income and Growth Fund

Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a closed-end management investment company designed to provide investors with high current income and the opportunity for capital appreciation. The fund is managed by Nuveen Asset Management, an investment management firm and subsidiary of TIAA. JRI invests primarily in securities issued by companies involved in real asset industries, including infrastructure, real estate, utilities, energy and related sectors. Its portfolio may include common stocks, preferred securities, income-producing debt instruments and investments in real estate investment trusts and infrastructure companies.