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

Nuveen Core Equity Alpha Fund (NYSE:JCE) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 4,200 shares, a decline of 38.2% from the February 28th total of 6,800 shares. Based on an average trading volume of 29,200 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Nuveen Core Equity Alpha Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Larson Financial Group LLC lifted its position 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 buying an additional 4,553 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Nuveen Core Equity Alpha Fund by 35.1% in the 4th quarter. Cetera Investment Advisers now owns 25,876 shares of the company’s stock valued at $411,000 after acquiring an additional 6,729 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Nuveen Core Equity Alpha Fund by 6.2% in the 4th quarter. NewEdge Advisors LLC now owns 27,161 shares of the company’s stock worth $432,000 after acquiring an additional 1,596 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Nuveen Core Equity Alpha Fund by 8.1% during the 4th quarter. Ameriprise Financial Inc. now owns 37,428 shares of the company’s stock worth $595,000 after purchasing an additional 2,796 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its holdings in Nuveen Core Equity Alpha Fund by 19.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 83,693 shares of the company’s stock valued at $1,331,000 after purchasing an additional 13,550 shares during the last quarter.

Nuveen Core Equity Alpha Fund Trading Up 0.8 %

Shares of JCE traded up $0.11 during mid-day trading on Monday, reaching $14.53. The stock had a trading volume of 88,484 shares, compared to its average volume of 36,365. Nuveen Core Equity Alpha Fund has a 52-week low of $13.32 and a 52-week high of $16.58. The business’s fifty day moving average is $15.44 and its 200 day moving average is $15.46.

Nuveen Core Equity Alpha Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 8.81%. The ex-dividend date of this dividend is Friday, March 14th.

About Nuveen Core Equity Alpha Fund

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.