Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) Sees Large Increase in Short Interest
of 1,200,000 shares, the days-to-cover ratio is presently 0.1 days. The Nuveen Preferred & Income Opportunities Fund had a large growth in short interest in May. 146,400 shares were shorted, a 607.2% increase from April. With an average daily trading volume of 1,200,000 shares, the fund has a 0.1
Nuveen Preferred & Income Opportunities Fund, (NYSE:JPC – Get Rating), was the beneficiary of a significant increase in short interest during the month of may. On May 15th there were 146,400 short shares. This is a 607.2% increase from April 30th's total of 20,700. The days-to-cover is currently 0.4 days based on an average daily volume of 414 200 shares.
Nuveen Preferred and Income Opportunities Fund Stock Performance
Stocks of JPC remained unchanged at $6.21 per share on Thursday. The trading volume was 279,749 compared to the average of 360,845. Nuveen Preferred & Income Opportunities Fund's 52-week low is $5.95, and its 52-week highest is $8.45. The company has a moving average for 50 days of $6.30, and a moving average for 200 days of $7.07.
Nuveen Preferred and Income Opportunities Fund Alerts:
Nuveen Preferred and Income Opportunities Fund Announces dividend
Recently, the company announced that it would be paying a monthly dividend on June 1st. Investors who are in the books on Monday, 15th May will receive a dividend of $0.044. This dividend will be paid on Friday, May 12. On an annualized basis, this represents a $0.53 in dividends and a dividend rate of 8.50%.
Institutional Trading Nuveen Preferred Income Opportunities Fund
Nuveen Preferred and Income Opportunities Fund Company profile
Several large investors recently changed their positions within the company. Ameriprise Financial Inc. increased its holdings in Nuveen Preferred & Income Opportunities Fund shares by 6.5% during the first quarter. Ameriprise Financial Inc. owns 316 064 shares of Nuveen Preferred & Income Opportunities Fund valued at $2 035,000, after buying an additional 19,232 during the period. JPMorgan Chase & Co. increased its position in Nuveen Preferred & Income Opportunities Fund 913.9% over the first quarter. JPMorgan Chase & Co. owns 21,424 of the financial services provider stock, worth $141,000. This is after acquiring 19,311 additional shares during the period. Rockefeller Capital Management L.P. increased its position in Nuveen Preferred & Income Opportunities Fund during the first quarter by 6.2%. Rockefeller Capital Management L.P. owns 113 349 shares in the financial services provider, valued at $745,000. This is after adding 6,585 additional shares to its portfolio. Thrivent Financial for Lutherans increased its holdings in Nuveen Preferred & Income Opportunities Fund during the first quarter by 8.1%. Thrivent Financial for Lutherans owns 93 800 shares of Nuveen Preferred & Income Opportunities Fund worth $618,000, after acquiring 7,000 additional shares during the period. Jane Street Group LLC also acquired a stake in Nuveen Preferred & Income Opportunities Fund worth about $237,000.
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Nuveen Preferred & Investment Opportunities Fund is a closed-ended balanced mutual fund, launched by Nuveen Investments Inc. The fund is managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, NWQ Investment Management Company, LLC. It invests primarily in the fixed income and public equity markets of the United States.
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