Short Interest in Nuveen Multi-Asset Income Fund (NYSE:NMAI) Increases By 67.9%

Nuveen Multi-Asset Income Fund (NYSE:NMAI) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 96,400 shares, an increase of 67.9% from the September 30th total of 57,400 shares. Based on an average daily volume of 111,800 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 111,800 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of Nuveen Multi-Asset Income Fund

A number of large investors have recently made changes to their positions in NMAI. NWF Advisory Services Inc. lifted its holdings in shares of Nuveen Multi-Asset Income Fund by 14.4% in the 3rd quarter. NWF Advisory Services Inc. now owns 39,611 shares of the company’s stock valued at $514,000 after acquiring an additional 5,000 shares during the last quarter. Melfa Wealth Management Inc. purchased a new stake in Nuveen Multi-Asset Income Fund during the third quarter valued at approximately $354,000. Blue Bell Private Wealth Management LLC lifted its stake in shares of Nuveen Multi-Asset Income Fund by 18.4% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 38,108 shares of the company’s stock valued at $495,000 after purchasing an additional 5,927 shares during the last quarter. D.A. Davidson & CO. lifted its stake in shares of Nuveen Multi-Asset Income Fund by 143.1% in the 3rd quarter. D.A. Davidson & CO. now owns 114,803 shares of the company’s stock valued at $1,490,000 after purchasing an additional 67,574 shares during the last quarter. Finally, Calamos Advisors LLC bought a new position in shares of Nuveen Multi-Asset Income Fund during the 3rd quarter valued at approximately $409,000.

Nuveen Multi-Asset Income Fund Stock Up 0.1%

Shares of NMAI opened at $13.22 on Monday. Nuveen Multi-Asset Income Fund has a 1 year low of $10.21 and a 1 year high of $13.25. The business’s 50 day simple moving average is $12.92 and its 200-day simple moving average is $12.57.

Nuveen Multi-Asset Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Wednesday, October 15th will be given a dividend of $0.126 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 11.4%.