Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Short Interest Up 202.6% in February

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) saw a large 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.

Hedge Funds Weigh In On Cohen & Steers Infrastructure Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Jones Financial Companies Lllp bought a new position in shares of Cohen & Steers Infrastructure Fund during the 4th quarter worth about $32,000. Millstone Evans Group LLC acquired a new position in Cohen & Steers Infrastructure Fund during the 4th quarter valued at about $36,000. Wilmington Savings Fund Society FSB acquired a new position in Cohen & Steers Infrastructure Fund during the 3rd quarter valued at about $45,000. Allworth Financial LP boosted its stake in Cohen & Steers Infrastructure Fund by 45.7% during the 4th quarter. Allworth Financial LP now owns 3,421 shares of the investment management company’s stock valued at $83,000 after purchasing an additional 1,073 shares during the last quarter. Finally, Golden State Wealth Management LLC acquired a new position in Cohen & Steers Infrastructure Fund during the 4th quarter valued at about $115,000.

Cohen & Steers Infrastructure Fund Price Performance

UTF stock opened at $24.55 on Friday. The company’s 50-day moving average is $24.33 and its 200-day moving average 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 Dividend Announcement

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

About Cohen & Steers Infrastructure Fund

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.