Nuveen Dynamic Municipal Opportunities Fund [NYSE: NDMO] gained 1.32% or 0.13 points to close at $9.98 with a heavy trading volume of 169973 shares.
It opened the trading session at $9.86, the shares rose to $9.98 and dropped to $9.81, the range by which the price of stock traded the whole day. The daily chart for NDMO points out that the company has recorded -5.31% loss over the past six months.
If we look at the average trading volume of 155.96K shares, NDMO reached to a volume of 169973 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for NDMO stock
Nuveen Dynamic Municipal Opportunities Fund [NDMO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.67. With this latest performance, NDMO shares gained by 1.73% in over the last four-week period, additionally sinking by -5.31% over the last 6 months – not to mention a drop of -0.40% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NDMO stock in for the last two-week period is set at 61.34, with the RSI for the last a single of trading hit 0.11, and the three-weeks RSI is set at 0.11 for Nuveen Dynamic Municipal Opportunities Fund [NDMO]. The present Moving Average for the last 50 days of trading for this stock 9.90, while it was recorded at 9.85 for the last single week of trading, and 10.16 for the last 200 days.
Nuveen Dynamic Municipal Opportunities Fund (NDMO) Capital Structure & Debt Analysis
Nuveen Dynamic Municipal Opportunities Fund (NDMO) Efficiency & Liquidity Metrics
Nuveen Dynamic Municipal Opportunities Fund (NDMO) Efficiency & Liquidity Metrics
An analysis of Institutional ownership at Nuveen Dynamic Municipal Opportunities Fund [NDMO]
There are presently around $15.56%, or 15.56%% of NDMO stock, in the hands of institutional investors. The top three institutional holders of NDMO stocks are: MORGAN STANLEY with ownership of 1.69 million shares, which is approximately 2.9831%. WELLS FARGO & COMPANY/MN, holding 0.86 million shares of the stock with an approximate value of $$9.32 million in NDMO stocks shares; and WELLS FARGO & COMPANY/MN, currently with $$6.39 million in NDMO stock with ownership which is approximately 1.0238%.
