Nuveen Core Equity Alpha Fund (NYSE:JCE) Short Interest Update

Nuveen Core Equity Alpha Fund (NYSE:JCE) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 12,100 shares, a growth of 57.1% from the October 31st total of 7,700 shares. Based on an average daily volume of 40,100 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Nuveen Core Equity Alpha Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Larson Financial Group LLC bought a new stake in Nuveen Core Equity Alpha Fund during the 2nd quarter valued at approximately $30,000. Ashton Thomas Private Wealth LLC purchased a new stake in Nuveen Core Equity Alpha Fund during the 2nd quarter valued at approximately $55,000. Ashton Thomas Securities LLC bought a new stake in shares of Nuveen Core Equity Alpha Fund during the third quarter valued at approximately $61,000. Commonwealth Equity Services LLC lifted its holdings in shares of Nuveen Core Equity Alpha Fund by 9.6% in the second quarter. Commonwealth Equity Services LLC now owns 24,088 shares of the company’s stock worth $361,000 after buying an additional 2,115 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in shares of Nuveen Core Equity Alpha Fund by 34.8% during the third quarter. Thrivent Financial for Lutherans now owns 107,545 shares of the company’s stock worth $1,687,000 after acquiring an additional 27,780 shares during the last quarter.

Nuveen Core Equity Alpha Fund Stock Up 0.4 %

Shares of JCE stock traded up $0.06 during trading hours on Friday, reaching $15.73. 6,651 shares of the company traded hands, compared to its average volume of 42,495. The firm has a 50-day moving average price of $15.32 and a 200 day moving average price of $14.94. Nuveen Core Equity Alpha Fund has a 12-month low of $12.80 and a 12-month high of $15.74.

Nuveen Core Equity Alpha Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th were given a $0.32 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 8.14%.

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.