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

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,710,000 shares, a growth of 27.6% from the February 28th total of 1,340,000 shares. Based on an average daily volume of 987,200 shares, the short-interest ratio is currently 1.7 days.

Nuveen Preferred & Income Opportunities Fund Trading Down 0.1 %

NYSE JPC opened at $7.93 on Thursday. Nuveen Preferred & Income Opportunities Fund has a 12 month low of $6.72 and a 12 month high of $8.24. The stock has a 50-day simple moving average of $7.98 and a 200 day simple moving average of $8.01.

Nuveen Preferred & Income Opportunities Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were given a $0.0665 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 10.06%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of JPC. Allworth Financial LP grew its holdings in shares of Nuveen Preferred & Income Opportunities Fund by 377.1% in the 4th quarter. Allworth Financial LP now owns 4,714 shares of the financial services provider’s stock valued at $37,000 after buying an additional 3,726 shares during the period. CoreFirst Bank & Trust acquired a new position in Nuveen Preferred & Income Opportunities Fund in the fourth quarter valued at about $61,000. Elequin Capital LP bought a new stake in shares of Nuveen Preferred & Income Opportunities Fund in the fourth quarter worth about $73,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Nuveen Preferred & Income Opportunities Fund during the fourth quarter worth about $79,000. Finally, Elm3 Financial Group LLC bought a new position in shares of Nuveen Preferred & Income Opportunities Fund during the 4th quarter valued at about $86,000.

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.