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

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 215,600 shares, a growth of 58.8% from the March 31st total of 135,800 shares. Based on an average trading volume of 245,300 shares, the days-to-cover ratio is currently 0.9 days.

Cohen & Steers Infrastructure Fund Trading Down 0.7 %

NYSE UTF traded down $0.16 on Friday, hitting $23.12. 192,093 shares of the stock were exchanged, compared to its average volume of 257,048. The company has a 50-day moving average price of $22.46 and a 200-day moving average price of $21.52. Cohen & Steers Infrastructure Fund has a fifty-two week low of $18.15 and a fifty-two week high of $23.87.

Cohen & Steers Infrastructure Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Tuesday, June 11th will be issued a $0.155 dividend. The ex-dividend date of this dividend is Tuesday, June 11th. This represents a $1.86 dividend on an annualized basis and a dividend yield of 8.04%.

Hedge Funds Weigh In On Cohen & Steers Infrastructure Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UTF. Commonwealth Equity Services LLC lifted its position in shares of Cohen & Steers Infrastructure Fund by 5.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 167,205 shares of the investment management company’s stock worth $3,274,000 after buying an additional 8,136 shares during the last quarter. Conning Inc. lifted its position in Cohen & Steers Infrastructure Fund by 2.1% in the third quarter. Conning Inc. now owns 127,886 shares of the investment management company’s stock valued at $2,504,000 after acquiring an additional 2,574 shares during the last quarter. Capital Investment Advisory Services LLC boosted its stake in Cohen & Steers Infrastructure Fund by 13.6% in the third quarter. Capital Investment Advisory Services LLC now owns 28,804 shares of the investment management company’s stock valued at $564,000 after acquiring an additional 3,454 shares in the last quarter. LWM Advisory Services LLC purchased a new position in shares of Cohen & Steers Infrastructure Fund during the third quarter worth about $29,000. Finally, Private Advisor Group LLC grew its holdings in shares of Cohen & Steers Infrastructure Fund by 0.9% during the third quarter. Private Advisor Group LLC now owns 74,657 shares of the investment management company’s stock worth $1,462,000 after purchasing an additional 677 shares during the last quarter.

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.