Nuveen浮动利率收益机会基金（纽约证券交易所代码：JRO）2月份空头利率上涨11.1％

Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO – Get Rating) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 90,100 shares, an increase of 11.1% from the January 31st total of 81,100 shares. Based on an average daily trading volume, of 156,300 shares, the days-to-cover ratio is presently 0.6 days.

Nuveen Floating Rate Income Opportunity Fund Price Performance

JRO traded up $0.04 during trading on Monday, hitting $8.38. The company's stock had a trading volume of 44,859 shares, compared to its average volume of 121,557. Nuveen Floating Rate Income Opportunity Fund has a twelve month low of $7.73 and a twelve month high of $10.38. The stock's fifty day moving average price is $8.31 and its 200-day moving average price is $8.24.

Nuveen Floating Rate Income Opportunity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, April 3rd. Shareholders of record on Wednesday, March 15th will be paid a $0.074 dividend. This represents a $0.89 annualized dividend and a yield of 10.60%. The ex-dividend date of this dividend is Tuesday, March 14th.

Hedge Funds Weigh In On Nuveen Floating Rate Income Opportunity Fund

Several institutional investors have recently added to or reduced their stakes in JRO. Hollencrest Capital Management acquired a new position in Nuveen Floating Rate Income Opportunity Fund in the fourth quarter valued at approximately $56,000. CWM LLC raised its position in shares of Nuveen Floating Rate Income Opportunity Fund by 46.7% during the fourth quarter. CWM LLC now owns 7,692 shares of the financial services provider's stock worth $60,000 after purchasing an additional 2,448 shares during the period. Belpointe Asset Management LLC acquired a new position in shares of Nuveen Floating Rate Income Opportunity Fund during the fourth quarter worth approximately $62,000. CoreCap Advisors LLC acquired a new position in shares of Nuveen Floating Rate Income Opportunity Fund during the fourth quarter worth approximately $73,000. Finally, Cerity Partners LLC acquired a new position in shares of Nuveen Floating Rate Income Opportunity Fund during the fourth quarter worth approximately $78,000.

Nuveen Floating Rate Income Opportunity Fund Company Profile

(Get Rating)

Nuveen Floating Rate Income Opportunity Fund is an closed-end investment fund. Its investment objective is to achieve a high level of current income by investing its managed assets in adjustable rate loans. The company was founded on April 27, 2004 and is headquartered in Chicago, IL.

See Also

• Get a free copy of the StockNews.com research report on Nuveen Floating Rate Income Opportunity Fund (JRO)
• Go Where the Money Is. Here's 3 Top Bank Dividend Stocks to Buy
• Another Catalyst For Mullen Automotive Stock
• Solar Tech-Services; Nextracker Should Be On Your Radar
• Is American Lithium a Safe Bet as Demand for Lithium Soars
• Highwoods Properties, High-quality Real Estate for a Discount

Receive News & Ratings for Nuveen Floating Rate Income Opportunity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Floating Rate Income Opportunity Fund and related companies with MarketBeat.com's FREE daily email newsletter.