Nuveen Preferred & Income Opportunities Fund (NYSE:JPC – Get Free Report) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 397,100 shares, a decline of 13.1% from the August 31st total of 456,700 shares. Based on an average daily volume of 1,141,000 shares, the days-to-cover ratio is currently 0.3 days.
Nuveen Preferred & Income Opportunities Fund Stock Up 0.6 %
Shares of Nuveen Preferred & Income Opportunities Fund stock opened at $8.06 on Friday. Nuveen Preferred & Income Opportunities Fund has a 52 week low of $5.94 and a 52 week high of $8.24. The business’s fifty day simple moving average is $7.80 and its 200-day simple moving average is $7.43.
Nuveen Preferred & Income Opportunities Fund Cuts Dividend
The business also recently announced a monthly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th will be given a $0.0665 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.80 dividend on an annualized basis and a yield of 9.90%.
Institutional Inflows and Outflows
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.
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