Nuveen Real Estate Income Fund (NYSE:JRS – Get Free Report) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 6,500 shares, a decrease of 66.1% from the September 30th total of 19,200 shares. Based on an average trading volume of 88,200 shares, the days-to-cover ratio is currently 0.1 days.
Nuveen Real Estate Income Fund Stock Down 0.1 %
Shares of JRS traded down $0.01 during trading hours on Friday, reaching $8.99. 97,070 shares of the company traded hands, compared to its average volume of 83,195. The stock has a fifty day simple moving average of $8.98 and a 200 day simple moving average of $8.13. Nuveen Real Estate Income Fund has a fifty-two week low of $5.95 and a fifty-two week high of $9.36.
Nuveen Real Estate Income Fund Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th were issued a dividend of $0.17 per share. The ex-dividend date was Friday, September 13th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 7.56%.
Hedge Funds Weigh In On Nuveen Real Estate Income Fund
Nuveen Real Estate Income Fund Company Profile
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.
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