Short Interest in Nuveen Core Plus Impact Fund (NYSE:NPCT) Increases By 224.2%

Nuveen Core Plus Impact Fund (NYSE:NPCT) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 74,900 shares, a growth of 224.2% from the January 31st total of 23,100 shares. Based on an average trading volume of 167,300 shares, the days-to-cover ratio is currently 0.4 days.

Nuveen Core Plus Impact Fund Price Performance

Shares of NYSE NPCT traded up $0.17 during midday trading on Friday, hitting $11.06. 370,860 shares of the company traded hands, compared to its average volume of 157,825. Nuveen Core Plus Impact Fund has a 12-month low of $9.86 and a 12-month high of $11.97. The stock has a 50-day moving average price of $10.68 and a 200 day moving average price of $11.16.

Nuveen Core Plus Impact Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a dividend of $0.119 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.43 dividend on an annualized basis and a dividend yield of 12.91%.

Insider Buying and Selling

In other Nuveen Core Plus Impact Fund news, major shareholder Saba Capital Management, L.P. sold 35,058 shares of the company’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $11.36, for a total value of $398,258.88. Following the completion of the transaction, the insider now directly owns 2,902,633 shares in the company, valued at approximately $32,973,910.88. This represents a 1.19 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 96,013 shares of company stock valued at $1,089,639 over the last quarter.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in NPCT. Larson Financial Group LLC boosted its position in shares of Nuveen Core Plus Impact Fund by 178.1% during the fourth quarter. Larson Financial Group LLC now owns 3,432 shares of the company’s stock valued at $36,000 after purchasing an additional 2,198 shares in the last quarter. Elequin Capital LP purchased a new stake in shares of Nuveen Core Plus Impact Fund in the 4th quarter worth about $70,000. Prevail Innovative Wealth Advisors LLC bought a new position in shares of Nuveen Core Plus Impact Fund in the 4th quarter worth about $156,000. Landscape Capital Management L.L.C. purchased a new position in Nuveen Core Plus Impact Fund during the 4th quarter valued at about $158,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in Nuveen Core Plus Impact Fund during the fourth quarter worth about $160,000.