Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) Short Interest Up 5.5% in December

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 2,110,000 shares, a growth of 5.5% from the December 15th total of 2,000,000 shares. Based on an average trading volume of 987,700 shares, the short-interest ratio is presently 2.1 days.

Institutional Investors Weigh In On Nuveen Preferred & Income Opportunities Fund

Several large investors have recently modified their holdings of the stock. Ashton Thomas Securities LLC bought a new stake in shares of Nuveen Preferred & Income Opportunities Fund in the 3rd quarter worth about $41,000. Philip James Wealth Mangement LLC acquired a new stake in shares of Nuveen Preferred & Income Opportunities Fund during the third quarter worth approximately $81,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Nuveen Preferred & Income Opportunities Fund during the fourth quarter worth approximately $79,000. Certified Advisory Corp bought a new position in shares of Nuveen Preferred & Income Opportunities Fund in the second quarter valued at approximately $75,000. Finally, CWM LLC boosted its holdings in shares of Nuveen Preferred & Income Opportunities Fund by 17.8% in the 3rd quarter. CWM LLC now owns 10,850 shares of the financial services provider’s stock worth $88,000 after acquiring an additional 1,643 shares in the last quarter.

Nuveen Preferred & Income Opportunities Fund Price Performance

Shares of Nuveen Preferred & Income Opportunities Fund stock traded up $0.01 during trading on Monday, hitting $7.92. 626,387 shares of the company’s stock traded hands, compared to its average volume of 958,290. The firm’s fifty day moving average price is $8.01 and its 200 day moving average price is $7.91. Nuveen Preferred & Income Opportunities Fund has a twelve month low of $6.72 and a twelve month high of $8.24.

Nuveen Preferred & Income Opportunities Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.0665 per share. This represents a $0.80 dividend on an annualized basis and a yield of 10.08%. The ex-dividend date is Wednesday, January 15th.

Nuveen Preferred & Income Opportunities Fund Company Profile

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.