Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ – Get Free Report) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 112,000 shares, a drop of 33.9% from the February 13th total of 169,400 shares. Based on an average daily volume of 317,500 shares, the short-interest ratio is currently 0.4 days.
Nuveen Municipal High Income Opportunity Fund Trading Down 0.2 %
NYSE NMZ traded down $0.03 during trading hours on Monday, reaching $11.02. 132,609 shares of the stock traded hands, compared to its average volume of 331,096. The stock has a 50 day simple moving average of $11.12 and a two-hundred day simple moving average of $11.26. Nuveen Municipal High Income Opportunity Fund has a 1 year low of $10.09 and a 1 year high of $11.90.
Nuveen Municipal High Income Opportunity Fund Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a dividend of $0.0655 per share. The ex-dividend date is Friday, March 14th. This represents a $0.79 dividend on an annualized basis and a yield of 7.14%.
Institutional Investors Weigh In On Nuveen Municipal High Income Opportunity Fund
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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