Nuveen Real Asset Income and Growth Fund (NYSE:JRI – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 72,902 shares, a growth of 82.8% from the June 30th total of 39,887 shares. Based on an average trading volume of 110,107 shares, the days-to-cover ratio is currently 0.7 days.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of JRI. Garner Asset Management Corp bought a new stake in shares of Nuveen Real Asset Income and Growth Fund during the 4th quarter valued at about $62,000. Kestra Advisory Services LLC bought a new position in Nuveen Real Asset Income and Growth Fund in the fourth quarter worth about $95,000. US Bancorp DE acquired a new position in Nuveen Real Asset Income and Growth Fund in the third quarter valued at approximately $109,000. Global Retirement Partners LLC acquired a new position in Nuveen Real Asset Income and Growth Fund in the fourth quarter valued at approximately $118,000. Finally, Sanctuary Advisors LLC acquired a new position in Nuveen Real Asset Income and Growth Fund in the first quarter valued at approximately $128,000.
Nuveen Real Asset Income and Growth Fund Stock Performance
Shares of JRI stock traded up $0.07 on Friday, hitting $12.95. 104,599 shares of the stock traded hands, compared to its average volume of 187,994. The company’s fifty day moving average is $12.86 and its 200 day moving average is $12.91. Nuveen Real Asset Income and Growth Fund has a 1-year low of $11.67 and a 1-year high of $14.37.
Nuveen Real Asset Income and Growth Fund Dividend Announcement
About Nuveen Real Asset Income and Growth Fund
Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company managed by Nuveen Advisors, LLC. The fund seeks to deliver a combination of income and capital growth by investing primarily in securities tied to real assets, including real estate investment trusts, infrastructure funds, master limited partnerships and other real asset-related equities. Launched on March 1, 2007, JRI provides investors with exposure to physical assets that can serve as an inflation hedge while pursuing consistent distribution streams.
The fund employs an active, research-driven approach to portfolio management, targeting high-quality issuers whose businesses benefit from long-term demand trends in sectors such as utilities, energy infrastructure, transportation and agriculture.
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