share_log

Nuveen Core Equity Alpha Fund (NYSE:JCE) Sees Significant Increase in Short Interest

Defense World ·  Aug 5, 2022 16:01

Nuveen Core Equity Alpha Fund (NYSE:JCE – Get Rating) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 14,800 shares, an increase of 18.4% from the June 30th total of 12,500 shares. Based on an average daily volume of 57,500 shares, the days-to-cover ratio is presently 0.3 days.

Nuveen Core Equity Alpha Fund Price Performance

NYSE JCE opened at $15.05 on Friday. Nuveen Core Equity Alpha Fund has a 12 month low of $12.55 and a 12 month high of $18.60. The stock's fifty day moving average price is $13.98 and its 200-day moving average price is $15.12.

Get Nuveen Core Equity Alpha Fund alerts:

Nuveen Core Equity Alpha Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 1st. Stockholders of record on Wednesday, June 15th were paid a $0.395 dividend. The ex-dividend date of this dividend was Tuesday, June 14th. This represents a $1.58 dividend on an annualized basis and a dividend yield of 10.50%.

Institutional Investors Weigh In On Nuveen Core Equity Alpha Fund

A number of institutional investors have recently modified their holdings of the stock. FNY Investment Advisers LLC purchased a new stake in shares of Nuveen Core Equity Alpha Fund during the first quarter valued at $52,000. David J Yvars Group purchased a new stake in shares of Nuveen Core Equity Alpha Fund during the second quarter valued at $147,000. Steward Partners Investment Advisory LLC boosted its position in shares of Nuveen Core Equity Alpha Fund by 21.1% during the first quarter. Steward Partners Investment Advisory LLC now owns 8,600 shares of the company's stock valued at $151,000 after buying an additional 1,500 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Nuveen Core Equity Alpha Fund during the second quarter valued at $159,000. Finally, Wolverine Asset Management LLC purchased a new stake in shares of Nuveen Core Equity Alpha Fund during the second quarter valued at $290,000.

Nuveen Core Equity Alpha Fund Company Profile

(Get Rating)

Nuveen Core Equity Alpha Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and INTECH Investment Management. It invests in the public equity markets of the United States. The fund also invests some portion of its portfolio in derivatives using futures and options.

Featured Stories

  • Get a free copy of the StockNews.com research report on Nuveen Core Equity Alpha Fund (JCE)
  • Can FuelCell Energy Surge Higher This Year?
  • Is It Time to Take a Ride on Cedar Fair Stock?
  • Time To Take A Serious Look At Nikola Stock As Production Starts
  • These Are The Top Insider Buying Stocks For July
  • Chipotle Mexican Grill Or Shake Shak? Which Is The Tastier Play

Receive News & Ratings for Nuveen Core Equity Alpha Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Core Equity Alpha Fund and related companies with MarketBeat.com's FREE daily email newsletter.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment