Nuveen Real Asset Income and Growth Fund (NYSE:JRI – Get Free Report) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 48,785 shares, a growth of 121.5% from the August 31st total of 22,029 shares. Based on an average trading volume of 186,923 shares, the short-interest ratio is currently 0.3 days.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of JRI. Absolute Investment Advisers LLC bought a new position in shares of Nuveen Real Asset Income and Growth Fund during the 1st quarter valued at about $7,205,000. Private Advisor Group LLC raised its holdings in shares of Nuveen Real Asset Income and Growth Fund by 1.3% in the 1st quarter. Private Advisor Group LLC now owns 139,914 shares of the company’s stock worth $1,721,000 after purchasing an additional 1,750 shares in the last quarter. Chicago Partners Investment Group LLC lifted its stake in Nuveen Real Asset Income and Growth Fund by 12.1% during the first quarter. Chicago Partners Investment Group LLC now owns 93,073 shares of the company’s stock valued at $1,210,000 after purchasing an additional 10,066 shares during the last quarter. Sterneck Capital Management LLC acquired a new stake in Nuveen Real Asset Income and Growth Fund during the first quarter valued at approximately $1,172,000. Finally, Bank of America Corp DE boosted its holdings 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 worth $1,073,000 after buying an additional 56,309 shares in the last quarter.
Nuveen Real Asset Income and Growth Fund Price Performance
Shares of NYSE JRI traded down $0.14 during mid-day trading on Friday, reaching $11.04. 297,769 shares of the company traded hands, compared to its average volume of 183,673. Nuveen Real Asset Income and Growth Fund has a fifty-two week low of $10.99 and a fifty-two week high of $14.37. The stock has a fifty day simple moving average of $12.33 and a 200-day simple moving average of $12.61.
Nuveen Real Asset Income and Growth Fund Announces Dividend
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 advised by Nuveen Fund Advisors. The fund seeks to provide a high level of current income and long-term total return by investing primarily in securities associated with real assets.
Its portfolio may include infrastructure companies, real estate investment trusts, utilities, energy-related businesses, and other issuers whose assets or operations are linked to tangible resources.
Featured Stories
- Five stocks we like better than Nuveen Real Asset Income and Growth Fund
- Data Centers Got the AI Hype—But Office REITs May Get the Rent Hikes
- 2 Cybersecurity Stocks Breaking Out as AI Continues to Be a Tailwind
- 3 More AI Infrastructure Plays Beyond the Big Names
- CAVA Stock Slips: Sector Fear or Valuation Reality?
Receive News & Ratings for Nuveen Real Asset Income and Growth Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Real Asset Income and Growth Fund and related companies with MarketBeat.com's FREE daily email newsletter.
