Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) Short Interest Down 26.2% in January

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 59,893 shares, a decrease of 26.2% from the January 15th total of 81,116 shares. Based on an average daily trading volume, of 100,566 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 100,566 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE acquired a new position in Highland Funds I – Highland Opportunities and Income Fund in the fourth quarter worth approximately $100,000. Envestnet Portfolio Solutions Inc. lifted its position in shares of Highland Funds I – Highland Opportunities and Income Fund by 8.3% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 66,964 shares of the company’s stock valued at $348,000 after acquiring an additional 5,112 shares during the last quarter. Atria Wealth Solutions Inc. boosted its stake in shares of Highland Funds I – Highland Opportunities and Income Fund by 9.9% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 60,569 shares of the company’s stock worth $315,000 after acquiring an additional 5,440 shares in the last quarter. LifeWealth Investments LLC acquired a new position in shares of Highland Funds I – Highland Opportunities and Income Fund in the 2nd quarter worth $76,000. Finally, Legacy Investment Solutions LLC acquired a new position in shares of Highland Funds I – Highland Opportunities and Income Fund in the 2nd quarter worth $27,000.

Highland Funds I – Highland Opportunities and Income Fund Price Performance

Shares of HFRO traded up $0.01 during trading hours on Monday, reaching $6.43. 153,016 shares of the company’s stock traded hands, compared to its average volume of 137,314. Highland Funds I – Highland Opportunities and Income Fund has a twelve month low of $4.24 and a twelve month high of $6.83. The business’s fifty day simple moving average is $6.18 and its two-hundred day simple moving average is $6.24.

Highland Funds I – Highland Opportunities and Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be given a dividend of $0.0385 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date is Friday, February 20th.

Highland Funds I – Highland Opportunities and Income Fund Company Profile

Highland Funds I – Highland Opportunities and Income Fund (NYSE: HFRO) is a diversified, closed-end management investment company designed to seek total return with an emphasis on current income. The fund pursues its objective by investing primarily in a broad range of credit instruments, including senior secured loans, high-yield corporate bonds, distressed debt and other special situation opportunities. In addition to its credit allocations, HFRO may also invest in equity securities, convertible instruments and derivative instruments to hedge risk or enhance yield.

Since commencing operations in 2006, Highland Opportunities and Income Fund has employed an opportunistic, value-oriented strategy to capitalize on market dislocations and mispriced assets.