Here’s Our Rant About Nuveen Municipal High Income Opportunity Fund (NMZ)

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Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) went down by -1.09% from its latest closing price compared to the recent 1-year high of $15.86. The company’s stock price has collected -1.01% of loss in the last five trading sessions.

Is It Worth Investing in Nuveen Municipal High Income Opportunity Fund (NYSE :NMZ) Right Now?

Today, the average trading volume of NMZ was 321.35K shares.


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NMZ’s Market Performance

NMZ stocks went down by -1.01% for the week, with a monthly drop of -3.68% and a quarterly performance of -5.66%, while its annual performance rate touched 9.15%. The volatility ratio for the week stands at 0.95% while the volatility levels for the past 30 days are set at 0.75% for Nuveen Municipal High Income Opportunity Fund. The simple moving average for the period of the last 20 days is -3.46% for NMZ stocks with a simple moving average of -2.39% for the last 200 days.

NMZ Trading at -5.05% from the 50-Day Moving Average

After a stumble in the market that brought NMZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.51% of loss for the given period.

Volatility was left at 0.75%, however, over the last 30 days, the volatility rate increased by 0.95%, as shares sank -3.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.99% lower at present.

During the last 5 trading sessions, NMZ fell by -1.15%, which changed the moving average for the period of 200-days by +4.50% in comparison to the 20-day moving average, which settled at $15.00. In addition, Nuveen Municipal High Income Opportunity Fund saw 1.73% in overturn over a single year, with a tendency to cut further gains.

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