Short Interest in Nuveen Core Equity Alpha Fund (NYSE:JCE) Increases By 119.6%

Nuveen Core Equity Alpha Fund (NYSE:JCE) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 12,300 shares, an increase of 119.6% from the December 15th total of 5,600 shares. Based on an average daily volume of 29,200 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Nuveen Core Equity Alpha Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Ashton Thomas Private Wealth LLC bought a new stake in Nuveen Core Equity Alpha Fund during the second quarter worth approximately $55,000. Ashton Thomas Securities LLC acquired a new stake in shares of Nuveen Core Equity Alpha Fund during the 3rd quarter valued at $61,000. Larson Financial Group LLC boosted its stake in shares of Nuveen Core Equity Alpha Fund by 227.7% during the 3rd quarter. Larson Financial Group LLC now owns 6,553 shares of the company’s stock worth $101,000 after acquiring an additional 4,553 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Nuveen Core Equity Alpha Fund by 9.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 24,088 shares of the company’s stock worth $361,000 after acquiring an additional 2,115 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its position in shares of Nuveen Core Equity Alpha Fund by 34.8% during the third quarter. Thrivent Financial for Lutherans now owns 107,545 shares of the company’s stock worth $1,687,000 after purchasing an additional 27,780 shares during the period.

Nuveen Core Equity Alpha Fund Trading Down 0.1 %

JCE stock traded down $0.01 during trading hours on Thursday, hitting $15.64. 13,837 shares of the stock traded hands, compared to its average volume of 36,769. The stock has a 50-day simple moving average of $15.67 and a 200 day simple moving average of $15.24. Nuveen Core Equity Alpha Fund has a one year low of $12.80 and a one year high of $16.28.

Nuveen Core Equity Alpha Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.32 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.28 annualized dividend and a dividend yield of 8.18%.

Nuveen Core Equity Alpha Fund Company Profile

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.