Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO) Institutional Investors Sentiment

Sentiment for Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO)

Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO) institutional sentiment decreased to 1.34 in Q2 2018. Its down -0.27, from 1.61 in 2018Q1. The ratio worsened, as 47 funds increased and started new positions, while 35 reduced and sold their holdings in Nuveen Floating Rate Income Opportunity Fund. The funds in our partner’s database reported: 12.29 million shares, down from 12.57 million shares in 2018Q1. Also, the number of funds holding Nuveen Floating Rate Income Opportunity Fund in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 8 Reduced: 27 Increased: 31 New Position: 16.

The stock increased 0.20% or $0.02 during the last trading session, reaching $9.87. About 273,484 shares traded or 39.97% up from the average. Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO) has declined 13.46% since December 8, 2017 and is downtrending. It has underperformed by 29.08% the S&P500.

Restructuring Capital Associates Lp holds 3.53% of its portfolio in Nuveen Floating Rate Income Opportunity Fund for 471,794 shares. Koshinski Asset Management Inc. owns 47,877 shares or 0.77% of their US portfolio. Moreover, Shaker Financial Services Llc has 0.35% invested in the company for 68,354 shares. The California-based Tiemann Investment Advisors Llc has invested 0.33% in the stock. Nine Masts Capital Ltd, a Hong Kong-based fund reported 144,600 shares.

Since January 1, 0001, it had 2 insider purchases, and 0 insider sales for $81,771 activity.

More notable recent Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO) news were published by: Businesswire.com which released: “Nuveen Closed-End Funds Declare Distributions – Business Wire” on October 01, 2018, also Seekingalpha.com with their article: “Weekly CEF Roundup: RVT Rights Offering Expires – Seeking Alpha” published on July 16, 2018, Seekingalpha.com published: “Our Weekly Commentary: October 7, 2018 – Seeking Alpha” on October 08, 2018. More interesting news about Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO) were released by: Seekingalpha.com and their article: “Arbitrage Opportunity In Floating Rate Bond Funds – Seeking Alpha” published on January 30, 2017 as well as Seekingalpha.com‘s news article titled: “Distribution Changes Among Closed End Funds | September 2018 – Seeking Alpha” with publication date: September 10, 2018.

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