Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ – Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 6,800 shares, a decrease of 86.4% from the June 30th total of 49,900 shares. Based on an average daily trading volume, of 314,600 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Investors Weigh In On Nuveen Municipal High Income Opportunity Fund
Several hedge funds have recently made changes to their positions in the stock. PFG Investments LLC bought a new position in Nuveen Municipal High Income Opportunity Fund during the first quarter worth about $420,000. Principle Wealth Partners LLC bought a new position in Nuveen Municipal High Income Opportunity Fund during the fourth quarter worth about $109,000. Cerity Partners LLC bought a new position in Nuveen Municipal High Income Opportunity Fund during the fourth quarter worth about $319,000. Wolverine Asset Management LLC bought a new position in Nuveen Municipal High Income Opportunity Fund during the fourth quarter worth about $531,000. Finally, International Assets Investment Management LLC lifted its stake in Nuveen Municipal High Income Opportunity Fund by 888.1% during the fourth quarter. International Assets Investment Management LLC now owns 6,709 shares of the company’s stock worth $679,000 after purchasing an additional 6,030 shares during the period.
Nuveen Municipal High Income Opportunity Fund Stock Up 0.1 %
NMZ stock traded up $0.01 during mid-day trading on Thursday, reaching $10.64. 677,998 shares of the stock traded hands, compared to its average volume of 317,926. Nuveen Municipal High Income Opportunity Fund has a 52 week low of $8.26 and a 52 week high of $10.94. The business has a 50-day moving average of $10.65 and a two-hundred day moving average of $10.40.
Nuveen Municipal High Income Opportunity Fund Increases Dividend
Nuveen Municipal High Income Opportunity Fund Company Profile
Nuveen Municipal High Income Opportunity Fund is a closed-end fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade tax-exempt municipal securities.
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