Nuveen Core Plus Impact Fund (NYSE:NPCT) Sees Significant Drop in Short Interest

Nuveen Core Plus Impact Fund (NYSE:NPCT) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 10,600 shares, a drop of 85.2% from the December 31st total of 71,800 shares. Based on an average trading volume of 158,400 shares, the days-to-cover ratio is currently 0.1 days.

Insider Transactions at Nuveen Core Plus Impact Fund

In related news, major shareholder Saba Capital Management, L.P. sold 40,594 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $11.07, for a total transaction of $449,375.58. Following the sale, the insider now owns 3,246,490 shares in the company, valued at $35,938,644.30. This represents a 1.23 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last quarter, insiders sold 340,047 shares of company stock worth $3,838,178.

Hedge Funds Weigh In On Nuveen Core Plus Impact Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NPCT. Flagship Harbor Advisors LLC raised its holdings in shares of Nuveen Core Plus Impact Fund by 24.4% in the 4th quarter. Flagship Harbor Advisors LLC now owns 66,509 shares of the company’s stock worth $699,000 after purchasing an additional 13,064 shares in the last quarter. SeaCrest Wealth Management LLC grew its position in Nuveen Core Plus Impact Fund by 32.3% in the fourth quarter. SeaCrest Wealth Management LLC now owns 28,410 shares of the company’s stock worth $299,000 after buying an additional 6,935 shares during the last quarter. Stifel Financial Corp increased its holdings in shares of Nuveen Core Plus Impact Fund by 15.7% in the third quarter. Stifel Financial Corp now owns 158,768 shares of the company’s stock valued at $1,881,000 after buying an additional 21,516 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of Nuveen Core Plus Impact Fund by 11.1% during the 3rd quarter. Captrust Financial Advisors now owns 436,417 shares of the company’s stock valued at $5,172,000 after acquiring an additional 43,654 shares during the last quarter. Finally, Penserra Capital Management LLC bought a new stake in shares of Nuveen Core Plus Impact Fund during the 3rd quarter worth $9,667,000.

Nuveen Core Plus Impact Fund Price Performance

Nuveen Core Plus Impact Fund stock remained flat at $10.76 during mid-day trading on Tuesday. The company’s stock had a trading volume of 265,915 shares, compared to its average volume of 193,648. Nuveen Core Plus Impact Fund has a 52-week low of $9.86 and a 52-week high of $11.97. The company has a 50 day moving average price of $10.84 and a 200 day moving average price of $11.25.

Nuveen Core Plus Impact Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be paid a dividend of $0.119 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.43 dividend on an annualized basis and a dividend yield of 13.27%.