Short Interest in Nuveen Real Estate Income Fund (NYSE:JRS) Drops By 58.2%

Posted by Defense World Staff on Mar 1st, 2025

Nuveen Real Estate Income Fund (NYSE:JRS – Get Free Report) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 15,200 shares, a decline of 58.2% from the January 31st total of 36,400 shares. Based on an average daily volume of 72,800 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Nuveen Real Estate Income Fund

Hedge funds have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. acquired a new stake in Nuveen Real Estate Income Fund during the 4th quarter worth approximately $52,000. Bay Capital Advisors LLC acquired a new position in shares of Nuveen Real Estate Income Fund during the 4th quarter valued at $120,000. Citadel Advisors LLC acquired a new position in shares of Nuveen Real Estate Income Fund during the 4th quarter valued at $128,000. MML Investors Services LLC acquired a new position in shares of Nuveen Real Estate Income Fund during the 3rd quarter valued at $140,000. Finally, Mariner LLC bought a new stake in Nuveen Real Estate Income Fund during the 4th quarter valued at $149,000.

Nuveen Real Estate Income Fund Stock Up 1.4 %

Shares of Nuveen Real Estate Income Fund stock opened at $8.83 on Friday. The firm’s 50 day moving average is $8.57 and its 200 day moving average is $8.86. Nuveen Real Estate Income Fund has a 1 year low of $7.10 and a 1 year high of $9.69.

Nuveen Real Estate Income Fund Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 7.70%. The ex-dividend date of this dividend was Friday, December 13th.

About Nuveen Real Estate Income Fund

(Get Free Report)

Nuveen Real Estate Income Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is managed by Security Capital Research & Management Incorporated. It invests in the public equity markets of the United States. The fund makes its investments in stocks of companies operating in the real-estate sector.