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

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 3,341,393 shares, an increase of 24.3% from the January 29th total of 2,687,601 shares. Based on an average trading volume of 1,061,207 shares, the short-interest ratio is currently 3.1 days. Based on an average trading volume of 1,061,207 shares, the short-interest ratio is currently 3.1 days.

Institutional Trading of Nuveen Preferred & Income Opportunities Fund

Several institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. boosted its stake in shares of Nuveen Preferred & Income Opportunities Fund by 173.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,154 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 2,000 shares in the last quarter. Financial Consulate Inc. bought a new position in Nuveen Preferred & Income Opportunities Fund in the 3rd quarter valued at approximately $31,000. CoreFirst Bank & Trust acquired a new stake in Nuveen Preferred & Income Opportunities Fund in the second quarter valued at approximately $34,000. AdvisorNet Financial Inc boosted its position in Nuveen Preferred & Income Opportunities Fund by 72.3% in the third quarter. AdvisorNet Financial Inc now owns 4,105 shares of the financial services provider’s stock valued at $34,000 after buying an additional 1,723 shares in the last quarter. Finally, US Bancorp DE grew its stake in shares of Nuveen Preferred & Income Opportunities Fund by 202.3% during the third quarter. US Bancorp DE now owns 5,977 shares of the financial services provider’s stock worth $49,000 after buying an additional 4,000 shares during the last quarter.

Nuveen Preferred & Income Opportunities Fund Stock Performance

NYSE:JPC traded up $0.03 during mid-day trading on Wednesday, reaching $8.17. The stock had a trading volume of 863,614 shares, compared to its average volume of 1,034,736. The stock has a 50-day simple moving average of $8.16 and a two-hundred day simple moving average of $8.14. Nuveen Preferred & Income Opportunities Fund has a 12 month low of $6.79 and a 12 month high of $8.30.

Nuveen Preferred & Income Opportunities Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be paid a $0.0625 dividend. The ex-dividend date is Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 9.2%.

Nuveen Preferred & Income Opportunities Fund Company Profile

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) is a closed-end management investment company managed by Nuveen Asset Management, an affiliate of Teachers Insurance and Annuity Association of America (TIAA). The fund’s primary objective is to provide high current income and the potential for capital appreciation by investing in a diversified portfolio of preferred and other income-producing securities.

The fund focuses on preferred and convertible securities issued by U.S. and global corporations, with flexibility to invest in common stocks, corporate debt, exchange-traded debt obligations and other fixed-income instruments.