Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) Sees Large Increase in Short Interest

Posted by Brenda Bartman on Sep 30th, 2026

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO – Get Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,266,167 shares, a growth of 68.2% from the August 31st total of 1,347,015 shares. Based on an average daily volume of 502,467 shares, the days-to-cover ratio is presently 4.5 days.

Institutional Trading of Nuveen Municipal Credit Opportunities Fund

Several large investors have recently modified their holdings of NMCO. Hennion & Walsh Asset Management Inc. boosted its stake in Nuveen Municipal Credit Opportunities Fund by 72.0% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 320,389 shares of the company’s stock worth $3,489,000 after acquiring an additional 134,105 shares in the last quarter. Worth Asset Management LLC bought a new stake in Nuveen Municipal Credit Opportunities Fund in the second quarter valued at $254,000. Noble Wealth Management PBC raised its holdings in shares of Nuveen Municipal Credit Opportunities Fund by 26.3% during the second quarter. Noble Wealth Management PBC now owns 56,211 shares of the company’s stock valued at $612,000 after purchasing an additional 11,717 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Nuveen Municipal Credit Opportunities Fund by 19.7% during the first quarter. NewEdge Advisors LLC now owns 104,534 shares of the company’s stock valued at $1,106,000 after purchasing an additional 17,195 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of Nuveen Municipal Credit Opportunities Fund by 12.1% during the first quarter. Bank of America Corp DE now owns 1,565,852 shares of the company’s stock valued at $16,567,000 after purchasing an additional 168,635 shares during the period.

Nuveen Municipal Credit Opportunities Fund Stock Up 1.9%

Shares of Nuveen Municipal Credit Opportunities Fund stock traded up $0.17 on Wednesday, hitting $8.91. 177,175 shares of the company’s stock traded hands, compared to its average volume of 211,170. The company has a fifty day moving average of $10.08 and a two-hundred day moving average of $10.50. Nuveen Municipal Credit Opportunities Fund has a one year low of $8.65 and a one year high of $11.00.

Nuveen Municipal Credit Opportunities Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 1st will be paid a $0.0685 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $0.82 annualized dividend and a yield of 9.2%.

Nuveen Municipal Credit Opportunities Fund Company Profile

(Get Free Report)

Nuveen Municipal Credit Opportunities Fund (NYSE: NMCO) is a closed-end management investment company sponsored by Nuveen, a global investment manager and subsidiary of TIAA. The fund seeks to provide high current income that is exempt from regular U.S. federal income tax, with a secondary objective of enhancing total return.

NMCO invests primarily in municipal securities issued by states, municipalities, governmental authorities and other public entities across the United States. Its portfolio may include investment-grade and below-investment-grade municipal bonds, as well as other municipal credit instruments.