Short Interest in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Declines By 22.8%

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 57,000 shares, a drop of 22.8% from the January 31st total of 73,800 shares. Based on an average daily volume of 202,900 shares, the days-to-cover ratio is presently 0.3 days.

Cohen & Steers Infrastructure Fund Stock Down 0.2 %

UTF opened at $24.59 on Tuesday. The firm’s fifty day moving average price is $24.24 and its two-hundred day moving average price is $24.88. Cohen & Steers Infrastructure Fund has a 1 year low of $21.26 and a 1 year high of $26.31.

Cohen & Steers Infrastructure Fund Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were issued a dividend of $0.155 per share. This represents a yield of 7.94%. The ex-dividend date of this dividend was Tuesday, January 14th.

Hedge Funds Weigh In On Cohen & Steers Infrastructure Fund

A number of hedge funds have recently bought and sold shares of UTF. Stephens Inc. AR purchased a new position in Cohen & Steers Infrastructure Fund during the 3rd quarter worth $256,000. Ashton Thomas Securities LLC purchased a new position in Cohen & Steers Infrastructure Fund during the 3rd quarter worth $153,000. Harbour Investments Inc. boosted its holdings in Cohen & Steers Infrastructure Fund by 12.7% during the 3rd quarter. Harbour Investments Inc. now owns 20,490 shares of the investment management company’s stock worth $533,000 after acquiring an additional 2,304 shares during the last quarter. Kovack Advisors Inc. purchased a new position in Cohen & Steers Infrastructure Fund during the 3rd quarter worth $202,000. Finally, Main Street Financial Solutions LLC purchased a new position in Cohen & Steers Infrastructure Fund during the 3rd quarter worth $247,000.

Cohen & Steers Infrastructure Fund Company Profile

Cohen & Steers Infrastructure Fund, Inc is a closed-end equity fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in public equity markets of the United States. The fund invests primarily in value stocks of infrastructure companies across all market capitalizations.