Nuveen Floating Rate Income Fund (NYSE:JFR) Sees Significant Increase in Short Interest

Posted by Stanley Muller on Jul 1st, 2026

Nuveen Floating Rate Income Fund (NYSE:JFR – Get Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,031,796 shares, a growth of 111.7% from the May 31st total of 487,499 shares. Based on an average daily trading volume, of 763,186 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Investors Weigh In On Nuveen Floating Rate Income Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Rivernorth Capital Management LLC acquired a new stake in Nuveen Floating Rate Income Fund during the 4th quarter valued at $21,712,000. Wells Fargo & Company MN lifted its stake in shares of Nuveen Floating Rate Income Fund by 158.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,616,253 shares of the company’s stock worth $12,655,000 after buying an additional 990,177 shares during the last quarter. Balyasny Asset Management L.P. boosted its holdings in shares of Nuveen Floating Rate Income Fund by 513.6% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,003,705 shares of the company’s stock worth $7,859,000 after buying an additional 840,129 shares during the period. 1607 Capital Partners LLC bought a new stake in shares of Nuveen Floating Rate Income Fund during the 4th quarter worth about $3,842,000. Finally, Jane Street Group LLC grew its stake in Nuveen Floating Rate Income Fund by 237.4% in the 4th quarter. Jane Street Group LLC now owns 546,411 shares of the company’s stock valued at $4,278,000 after buying an additional 384,452 shares during the last quarter.

Nuveen Floating Rate Income Fund Price Performance

Shares of JFR traded up $0.03 during mid-day trading on Wednesday, hitting $7.70. 695,756 shares of the company’s stock were exchanged, compared to its average volume of 815,433. The company has a 50-day simple moving average of $7.58 and a 200 day simple moving average of $7.64. Nuveen Floating Rate Income Fund has a 52 week low of $7.16 and a 52 week high of $8.59.

Nuveen Floating Rate Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a $0.078 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%. The ex-dividend date of this dividend is Monday, June 15th.

Nuveen Floating Rate Income Fund Company Profile

(Get Free Report)

Nuveen Floating Rate Income Fund (NYSE: JFR) is a diversified, closed-end management investment company that seeks to provide current income by primarily investing in floating rate senior loans and other floating rate debt instruments. The fund focuses on senior secured loans issued by U.S. and non-U.S. corporations, aiming to benefit from variable interest payments that adjust with prevailing short-term rates and to help mitigate interest-rate risk. In pursuing its objective, the fund may also allocate assets to high-yield corporate debt, bank debt and other floating-rate instruments across a range of industries.

The fund employs leverage and a disciplined credit review process to enhance income generation.

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