Nuveen Core Plus Impact Fund (NYSE:NPCT) Short Interest Update

Nuveen Core Plus Impact Fund (NYSE:NPCT) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totalling 71,800 shares, a decline of 48.8% from the November 30th total of 140,200 shares. Based on an average trading volume of 146,400 shares, the days-to-cover ratio is presently 0.5 days.

Nuveen Core Plus Impact Fund Stock Performance

NPCT traded down $0.02 on Friday, reaching $10.57. 28,087 shares of the company traded hands, compared to its average volume of 120,709. The stock’s 50 day moving average price is $11.17 and its 200-day moving average price is $11.31. Nuveen Core Plus Impact Fund has a 52-week low of $9.86 and a 52-week high of $11.97.

Nuveen Core Plus Impact Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.119 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.43 dividend on an annualized basis and a dividend yield of 13.51%.

Insiders Place Their Bets

In other Nuveen Core Plus Impact Fund news, major shareholder Saba Capital Management, L.P. sold 21,029 shares of Nuveen Core Plus Impact Fund stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $11.21, for a total transaction of $235,735.09. Following the transaction, the insider now owns 3,368,560 shares of the company’s stock, valued at $37,761,557.60. The trade was a 0.62 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last three months, insiders have sold 340,047 shares of company stock worth $3,838,178.

Hedge Funds Weigh In On Nuveen Core Plus Impact Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC bought a new stake in Nuveen Core Plus Impact Fund in the 2nd quarter valued at $191,000. SeaCrest Wealth Management LLC grew its position in Nuveen Core Plus Impact Fund by 26.2% during the third quarter. SeaCrest Wealth Management LLC now owns 21,475 shares of the company’s stock worth $254,000 after buying an additional 4,454 shares in the last quarter. PFG Investments LLC increased its stake in Nuveen Core Plus Impact Fund by 10.0% during the second quarter. PFG Investments LLC now owns 39,127 shares of the company’s stock valued at $426,000 after acquiring an additional 3,543 shares during the period. Blue Bell Private Wealth Management LLC increased its stake in Nuveen Core Plus Impact Fund by 8.3% during the second quarter. Blue Bell Private Wealth Management LLC now owns 62,187 shares of the company’s stock valued at $677,000 after acquiring an additional 4,750 shares during the period. Finally, Shaker Financial Services LLC acquired a new position in Nuveen Core Plus Impact Fund in the 3rd quarter valued at approximately $1,187,000.