Shares of Nuveen Preferred & Income Opportunities Fund (JPC) Rise to a New 52-Week High

June 4, 2021 12:17:50

Shares of Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) traded today at $9.89, eclipsing its 52-week high. Approximately 75,000 shares have changed hands today, as compared to an average 30-day volume of 202,000 shares.

In the past 52 weeks, shares of Nuveen Preferred & Income Opportunities Fund have traded between a low of $8.02 and a high of $9.89 and is now at $9.88, which is 23% above that low price.

Nuveen Preferred & Income Opportunities Fund has overhead space with shares priced $9.88, or 60.5% below the average consensus analyst price target of $25.01.

Nuveen Preferred & Income Opportunities Fund is a diversified closed-end management investment company. Its investment objective is to provide high current income and total return. It invests its managed assets in preferred securities, and in other types of securities, primarily income-oriented securities such as corporate and taxable municipal debt and common equity.

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