Nuveen Core Equity Alpha Fund (NYSE:JCE) Short Interest Down 54.5% in November

Nuveen Core Equity Alpha Fund (NYSE:JCE) saw a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 5,500 shares, a decline of 54.5% from the November 15th total of 12,100 shares. Based on an average daily volume of 31,400 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Nuveen Core Equity Alpha Fund

Hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC lifted its position in shares of Nuveen Core Equity Alpha Fund by 1,487.3% in the 3rd quarter. International Assets Investment Management LLC now owns 636,378 shares of the company’s stock valued at $9,781,000 after acquiring an additional 596,286 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of Nuveen Core Equity Alpha Fund by 34.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 107,545 shares of the company’s stock valued at $1,687,000 after acquiring an additional 27,780 shares in the last quarter. Raymond James & Associates raised its position in Nuveen Core Equity Alpha Fund by 1.8% during the second quarter. Raymond James & Associates now owns 442,559 shares of the company’s stock valued at $6,638,000 after acquiring an additional 7,985 shares in the last quarter. Larson Financial Group LLC lifted its stake in Nuveen Core Equity Alpha Fund by 227.7% in the third quarter. Larson Financial Group LLC now owns 6,553 shares of the company’s stock valued at $101,000 after acquiring an additional 4,553 shares during the last quarter. Finally, Ashton Thomas Securities LLC bought a new stake in Nuveen Core Equity Alpha Fund in the third quarter worth approximately $61,000.

Nuveen Core Equity Alpha Fund Price Performance

JCE stock opened at $15.70 on Friday. Nuveen Core Equity Alpha Fund has a 12 month low of $12.80 and a 12 month high of $16.25. The firm has a 50 day simple moving average of $15.47 and a 200 day simple moving average of $15.05.

Nuveen Core Equity Alpha Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 8.15%.

Nuveen Core Equity Alpha Fund Company Profile

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.