Nuveen Multi-Asset Income Fund (NYSE:NMAI) Short Interest Down 84.0% in January

Nuveen Multi-Asset Income Fund (NYSE:NMAI) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 35,034 shares, a decline of 84.0% from the January 15th total of 218,985 shares. Based on an average daily volume of 163,972 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 163,972 shares, the days-to-cover ratio is currently 0.2 days.

Nuveen Multi-Asset Income Fund Stock Up 0.9%

NYSE:NMAI traded up $0.12 during trading hours on Tuesday, hitting $13.87. The company had a trading volume of 126,173 shares, compared to its average volume of 155,858. Nuveen Multi-Asset Income Fund has a 1 year low of $10.21 and a 1 year high of $13.88. The company has a 50-day moving average of $13.21 and a 200 day moving average of $13.00.

Nuveen Multi-Asset Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be paid a $0.116 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date of this dividend is Friday, February 13th.

Institutional Trading of Nuveen Multi-Asset Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Allworth Financial LP increased its holdings in Nuveen Multi-Asset Income Fund by 412.7% during the 2nd quarter. Allworth Financial LP now owns 2,512 shares of the company’s stock worth $32,000 after purchasing an additional 2,022 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in shares of Nuveen Multi-Asset Income Fund in the 3rd quarter valued at about $40,000. FNY Investment Advisers LLC boosted its stake in Nuveen Multi-Asset Income Fund by 43.3% during the 2nd quarter. FNY Investment Advisers LLC now owns 4,300 shares of the company’s stock worth $54,000 after purchasing an additional 1,300 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Nuveen Multi-Asset Income Fund in the 2nd quarter valued at approximately $135,000. Finally, Dymon Asia Capital Singapore PTE. LTD. purchased a new stake in shares of Nuveen Multi-Asset Income Fund in the second quarter valued at about $164,000.

Nuveen Multi-Asset Income Fund (NYSE: NMAI) is a closed-end investment fund managed by Nuveen, a global asset manager and subsidiary of TIAA. The fund is listed on the New York Stock Exchange and seeks to provide investors with high current income and the potential for capital appreciation. Nuveen Multi-Asset Income Fund employs an actively managed, diversified approach across multiple asset classes, leveraging Nuveen’s extensive research and portfolio management infrastructure.

The fund’s investment strategy centers on allocating assets among a broad range of income-producing instruments.