Short Interest in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Grows By 1,135.8%

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 82,800 shares, a growth of 1,135.8% from the June 30th total of 6,700 shares. Based on an average trading volume of 183,400 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Cohen & Steers Infrastructure Fund

Several hedge funds have recently made changes to their positions in the business. Raymond James Financial Services Advisors Inc. increased its position in Cohen & Steers Infrastructure Fund by 52.8% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 588,780 shares of the investment management company’s stock valued at $12,506,000 after purchasing an additional 203,391 shares during the period. Cornerstone Advisors LLC increased its position in shares of Cohen & Steers Infrastructure Fund by 89.0% during the fourth quarter. Cornerstone Advisors LLC now owns 416,722 shares of the investment management company’s stock valued at $8,851,000 after buying an additional 196,223 shares during the period. Cetera Investment Advisers raised its stake in Cohen & Steers Infrastructure Fund by 420.9% in the first quarter. Cetera Investment Advisers now owns 182,220 shares of the investment management company’s stock worth $4,295,000 after buying an additional 147,236 shares in the last quarter. PFG Investments LLC purchased a new stake in Cohen & Steers Infrastructure Fund in the first quarter worth about $1,902,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Cohen & Steers Infrastructure Fund during the 4th quarter worth approximately $1,078,000.

Cohen & Steers Infrastructure Fund Trading Down 0.6 %

Cohen & Steers Infrastructure Fund stock opened at $24.00 on Thursday. Cohen & Steers Infrastructure Fund has a 1-year low of $18.15 and a 1-year high of $24.31. The firm has a 50-day moving average of $23.14 and a 200-day moving average of $22.63.

Cohen & Steers Infrastructure Fund Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 17th will be given a $0.155 dividend. The ex-dividend date is Tuesday, July 16th. This represents a dividend yield of 7.83%.

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.