Nuveen Floating Rate Income Opportunity Fund Stock Forecast, Price & News

Wall Street analysts have given Nuveen Floating Rate Income Opportunity Fund a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Nuveen Floating Rate Income Opportunity Fund wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Nuveen Floating Rate Income Opportunity Fund saw a increase in short interest in January. As of January 29th, there was short interest totaling 260,400 shares, an increase of 125.6% from the January 14th total of 115,400 shares. Based on an average daily volume of 347,900 shares, the days-to-cover ratio is presently 0.7 days.
View Nuveen Floating Rate Income Opportunity Fund's Short Interest.

Nuveen Floating Rate Income Opportunity Fund's stock was trading at $8.28 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, JRO shares have increased by 10.6% and is now trading at $9.16.
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Nuveen Floating Rate Income Opportunity Fund announced a monthly dividend on Tuesday, February 2nd. Shareholders of record on Friday, February 12th will be paid a dividend of $0.0475 per share on Monday, March 1st. This represents a $0.57 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date of this dividend is Thursday, February 11th.
View Nuveen Floating Rate Income Opportunity Fund's dividend history.

Nuveen Floating Rate Income Opportunity Fund pays an annual dividend of $0.70 per share and currently has a dividend yield of 0.07%.
View Nuveen Floating Rate Income Opportunity Fund's dividend history.

Some companies that are related to Nuveen Floating Rate Income Opportunity Fund include Aberdeen Global Dynamic Dividend Fund (AGD), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein National Municipal Income Fund (AFB), AllianzGI Convertible & Income 2024 Target Term Fund (CBH), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BlackRock 2022 Global Income Opportunity Trust (BGIO), BlackRock Corporate High Yield Fund (HYT), BlackRock Credit Allocation Income Trust (BTZ), BlackRock Floating Rate Income Strategies Fund (FRA), BlackRock Floating Rate Income Trust (BGT), BlackRock Limited Duration Income Trust (BLW) and BlackRock Muni Intermediate Duration Fund (MUI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Nuveen Floating Rate Income Opportunity Fund investors own include Energy Transfer (ET), The Blackstone Group (BX), Virtus AllianzGI Convertible & Income Fund (NCV), CVS Health (CVS), Nuveen Senior Income Fund (NSL), AT&T (T), AbbVie (ABBV), Dominion Energy (D), Freeport-McMoRan (FCX) and Nuveen Preferred Securities Income Fund (JPS).

Nuveen Floating Rate Income Opportunity Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "JRO."

Nuveen Floating Rate Income Opportunity Fund's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Gradient Investments LLC (0.00%), Lindbrook Capital LLC (0.00%), Morgan Stanley (0.00%), Guggenheim Capital LLC (0.00%), Capital Investment Advisors LLC (0.00%) and Next Capital Management LLC (0.00%). Company insiders that own Nuveen Floating Rate Income Opportunity Fund stock include Saba Capital Management, LP and Scott C Caraher.
View institutional ownership trends for Nuveen Floating Rate Income Opportunity Fund.

JRO stock was sold by a variety of institutional investors in the last quarter, including Kovack Advisors Inc., Gradient Investments LLC, Capital Investment Advisors LLC, Next Capital Management LLC, RFG Advisory LLC, Raymond James Financial Services Advisors Inc., Virtus ETF Advisers LLC, and ProVise Management Group LLC.
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JRO stock was bought by a variety of institutional investors in the last quarter, including Landscape Capital Management L.L.C., Mariner Investment Group LLC, Quantedge Capital Pte Ltd, Kestra Advisory Services LLC, Morgan Stanley, Guggenheim Capital LLC, Matisse Capital, and HighTower Advisors LLC. Company insiders that have bought Nuveen Floating Rate Income Opportunity Fund stock in the last two years include Saba Capital Management, LP, and Scott C Caraher.
View insider buying and selling activity for Nuveen Floating Rate Income Opportunity Fund or or view top insider-buying stocks.

Shares of JRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of JRO stock can currently be purchased for approximately $9.16.

The official website for Nuveen Floating Rate Income Opportunity Fund is www.nuveen.com.

Nuveen Floating Rate Income Opportunity Fund is headquartered at 333 W Wacker Dr, CHICAGO, IL 60606-1220, United States.

Nuveen Floating Rate Income Opportunity Fund's mailing address is 333 W Wacker Dr, CHICAGO, IL 60606-1220, United States. The financial services provider can be reached via phone at 312-917-7700.