Short Interest in Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) Increases By 327.9%

Posted by Francis Steltz on Sep 12th, 2026

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO – Get Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 1,347,015 shares, a growth of 327.9% from the August 15th total of 314,810 shares. Based on an average daily volume of 402,648 shares, the short-interest ratio is currently 3.3 days.

Nuveen Municipal Credit Opportunities Fund Stock Performance

NMCO opened at $9.66 on Friday. Nuveen Municipal Credit Opportunities Fund has a twelve month low of $9.59 and a twelve month high of $11.00. The company has a 50-day moving average price of $10.43 and a 200 day moving average price of $10.61.

Nuveen Municipal Credit Opportunities Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.0685 per share. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date is Tuesday, September 15th.

Hedge Funds Weigh In On Nuveen Municipal Credit Opportunities Fund

A number of hedge funds have recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of Nuveen Municipal Credit Opportunities Fund by 12.1% in the first quarter. Bank of America Corp DE now owns 1,565,852 shares of the company’s stock worth $16,567,000 after acquiring an additional 168,635 shares during the last quarter. Guggenheim Capital LLC raised its stake in Nuveen Municipal Credit Opportunities Fund by 22.3% in the 4th quarter. Guggenheim Capital LLC now owns 1,342,961 shares of the company’s stock valued at $13,738,000 after purchasing an additional 244,942 shares during the last quarter. UBS Group AG lifted its holdings in Nuveen Municipal Credit Opportunities Fund by 8.0% in the 4th quarter. UBS Group AG now owns 1,237,946 shares of the company’s stock valued at $12,664,000 after purchasing an additional 91,725 shares in the last quarter. Melone Private Wealth LLC lifted its holdings in Nuveen Municipal Credit Opportunities Fund by 8.3% in the 2nd quarter. Melone Private Wealth LLC now owns 697,450 shares of the company’s stock valued at $7,595,000 after purchasing an additional 53,453 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in Nuveen Municipal Credit Opportunities Fund by 5.3% in the 1st quarter. Royal Bank of Canada now owns 342,759 shares of the company’s stock valued at $3,667,000 after purchasing an additional 17,204 shares in the last quarter.

Nuveen Municipal Credit Opportunities Fund Company Profile

(Get Free Report)

Nuveen Municipal Credit Opportunities Fund (NYSE: NMCO) is a closed-end management investment company that seeks to provide high current income exempt from federal income tax and, to the extent reasonably possible, exempt from or subject to limited United States state and local income taxes. The fund pursues its objective by primarily investing in a broad range of municipal securities, including investment-grade and below-investment-grade debt obligations issued by states, municipalities, public authorities and other political subdivisions across the United States.

NMCO’s portfolio construction emphasizes credit selection and active management strategies to target undervalued opportunities in both public and private municipal markets.