Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) Short Interest Update

Nuveen Preferred & Income Opportunities Fund (NYSE:JPCGet Rating) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 109,900 shares, a growth of 145.9% from the April 15th total of 44,700 shares. Based on an average trading volume of 387,900 shares, the short-interest ratio is currently 0.3 days.

Nuveen Preferred & Income Opportunities Fund stock opened at $7.81 on Friday. The company has a 50-day simple moving average of $8.23 and a 200-day simple moving average of $8.97. Nuveen Preferred & Income Opportunities Fund has a one year low of $7.71 and a one year high of $10.07.

The business also recently announced a monthly dividend, which will be paid on Wednesday, June 1st. Investors of record on Friday, May 13th will be given a $0.053 dividend. The ex-dividend date of this dividend is Thursday, May 12th. This represents a $0.64 dividend on an annualized basis and a yield of 8.14%.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Future Financial Wealth Managment LLC bought a new position in Nuveen Preferred & Income Opportunities Fund in the 4th quarter valued at about $39,000. United Capital Financial Advisers LLC grew its position in Nuveen Preferred & Income Opportunities Fund by 49.3% in the 3rd quarter. United Capital Financial Advisers LLC now owns 27,460 shares of the financial services provider’s stock valued at $272,000 after buying an additional 9,062 shares in the last quarter. Cetera Advisor Networks LLC grew its position in Nuveen Preferred & Income Opportunities Fund by 10.1% in the 3rd quarter. Cetera Advisor Networks LLC now owns 208,947 shares of the financial services provider’s stock valued at $2,069,000 after buying an additional 19,252 shares in the last quarter. Guggenheim Capital LLC grew its position in Nuveen Preferred & Income Opportunities Fund by 125.7% in the 3rd quarter. Guggenheim Capital LLC now owns 100,339 shares of the financial services provider’s stock valued at $993,000 after buying an additional 55,877 shares in the last quarter. Finally, Moors & Cabot Inc. grew its position in Nuveen Preferred & Income Opportunities Fund by 106.8% in the 3rd quarter. Moors & Cabot Inc. now owns 539,634 shares of the financial services provider’s stock valued at $5,358,000 after buying an additional 278,641 shares in the last quarter.

About Nuveen Preferred & Income Opportunities Fund (Get Rating)

Nuveen Preferred & Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and NWQ Investment Management Company, LLC. It invests in the public equity and fixed income markets of the United States.

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