Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Short Interest Update

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 172,500 shares, a growth of 202.6% from the February 13th total of 57,000 shares. Based on an average daily volume of 219,400 shares, the days-to-cover ratio is currently 0.8 days.

Cohen & Steers Infrastructure Fund Price Performance

UTF stock traded down $0.12 during midday trading on Thursday, reaching $24.24. The company had a trading volume of 86,044 shares, compared to its average volume of 193,156. The firm has a 50-day moving average price of $24.33 and a 200-day moving average price of $24.89. Cohen & Steers Infrastructure Fund has a 1 year low of $21.26 and a 1 year high of $26.31.

Cohen & Steers Infrastructure Fund Dividend Announcement

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

Institutional Investors Weigh In On Cohen & Steers Infrastructure Fund

Hedge funds have recently added to or reduced their stakes in the company. Harbour Investments Inc. raised its stake in shares of Cohen & Steers Infrastructure Fund by 12.7% during the third 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 in the last quarter. MML Investors Services LLC boosted its holdings in Cohen & Steers Infrastructure Fund by 7.7% during the 3rd quarter. MML Investors Services LLC now owns 13,403 shares of the investment management company’s stock valued at $349,000 after acquiring an additional 956 shares during the period. Stratos Wealth Partners LTD. grew its position in Cohen & Steers Infrastructure Fund by 37.1% during the 4th quarter. Stratos Wealth Partners LTD. now owns 21,195 shares of the investment management company’s stock worth $510,000 after acquiring an additional 5,741 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Cohen & Steers Infrastructure Fund by 10.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 58,844 shares of the investment management company’s stock worth $1,415,000 after acquiring an additional 5,769 shares during the last quarter. Finally, Allworth Financial LP increased its stake in Cohen & Steers Infrastructure Fund by 45.7% in the 4th quarter. Allworth Financial LP now owns 3,421 shares of the investment management company’s stock worth $83,000 after purchasing an additional 1,073 shares during the period.

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.