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

Nuveen Core Plus Impact Fund (NYSE:NPCT – Get Free Report) was the recipient of a significant increase in short interest during the month of 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 days-to-cover ratio is currently 2.2 days.

Nuveen Core Plus Impact Fund Stock Performance

NYSE NPCT traded down $0.14 on Thursday, reaching $9.29. The company had a trading volume of 83,721 shares, compared to its average volume of 124,204. The firm’s 50 day moving average price is $9.70 and its 200 day moving average price is $9.98. Nuveen Core Plus Impact Fund has a 12 month low of $9.27 and a 12 month high of $11.05.

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Nuveen Core Plus Impact Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.0895 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.07 dividend on an annualized basis and a dividend yield of 11.6%.

Institutional Investors Weigh In On Nuveen Core Plus Impact Fund

A number of hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC bought a new position in Nuveen Core Plus Impact Fund during the second quarter valued at approximately $48,000. Readystate Asset Management LP bought a new stake in Nuveen Core Plus Impact Fund in the 2nd quarter worth approximately $248,000. Ameritas Advisory Services LLC bought a new stake in Nuveen Core Plus Impact Fund in the 2nd quarter worth approximately $84,000. Royal Bank of Canada raised its holdings in shares of Nuveen Core Plus Impact Fund by 3.4% during the 1st quarter. Royal Bank of Canada now owns 85,784 shares of the company’s stock worth $874,000 after acquiring an additional 2,812 shares in the last quarter. Finally, Petra Financial Advisors Inc. bought a new position in shares of Nuveen Core Plus Impact Fund during the 1st quarter valued at approximately $102,000.

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.

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