Nuveen Core Plus Impact Fund (NYSE:NPCT) Shares Shorted: Short Interest Up 1,635.1% in September

Nuveen Core Plus Impact Fund (NYSE:NPCT) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 231,005 shares, an increase of 1,635.1% from the August 31st total of 13,314 shares. Based on an average trading volume of 104,792 shares, the short-interest ratio is currently 2.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada raised its stake in shares of Nuveen Core Plus Impact Fund by 3.4% in the first quarter. Royal Bank of Canada now owns 85,784 shares of the company’s stock valued at $874,000 after acquiring an additional 2,812 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of Nuveen Core Plus Impact Fund in the 2nd quarter worth about $48,000. Private Advisor Group LLC boosted its stake in shares of Nuveen Core Plus Impact Fund by 20.3% during the 1st quarter. Private Advisor Group LLC now owns 28,231 shares of the company’s stock worth $288,000 after purchasing an additional 4,758 shares during the period. Assetmark Inc. boosted its stake in shares of Nuveen Core Plus Impact Fund by 8,620.7% during the 1st quarter. Assetmark Inc. now owns 5,058 shares of the company’s stock worth $52,000 after purchasing an additional 5,000 shares during the period. Finally, Fifth Third Bancorp bought a new position in Nuveen Core Plus Impact Fund during the 1st quarter valued at about $66,000.

Nuveen Core Plus Impact Fund Trading Down 1.5%

NPCT stock traded down $0.14 during midday trading on Thursday, reaching $9.29. 83,721 shares of the company traded hands, compared to its average volume of 124,204. Nuveen Core Plus Impact Fund has a 52-week low of $9.27 and a 52-week high of $11.05. The business has a 50 day moving average of $9.70 and a 200-day moving average of $9.98.

Nuveen Core Plus Impact Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a dividend of $0.0895 per share. This represents a $1.07 annualized dividend and a yield of 11.6%. The ex-dividend date is Tuesday, September 15th.

Nuveen Core Plus Impact Fund (NYSE: NPCT) is a closed-end management investment company advised by Nuveen, one of the world’s largest asset managers. Launched in mid-2021, the fund seeks to provide a combination of current income, capital appreciation and positive social and environmental impact. Investors gain exposure to a diversified portfolio of global fixed-income securities while aiming to support projects and issuers that address sustainability challenges.

The fund’s core-plus strategy combines a broad allocation to high-quality investment-grade and select non-investment-grade corporate bonds, sovereign and supranational debt, and securitized products such as agency mortgage-backed securities.