Cohen & Steers Preferred and Income Opportunities Active ETF (NYSEARCA:CSPF) Sees Large Growth in Short Interest

Cohen & Steers Preferred and Income Opportunities Active ETF (NYSEARCA:CSPF) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 57,798 shares, an increase of 479.4% from the April 30th total of 9,975 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 319,577 shares, the short-interest ratio is currently 0.2 days.

Cohen & Steers Preferred and Income Opportunities Active ETF Stock Performance

Shares of NYSEARCA:CSPF traded down $0.04 during midday trading on Thursday, hitting $26.09. The company’s stock had a trading volume of 26,671 shares, compared to its average volume of 77,686. The business’s 50 day simple moving average is $25.95 and its 200 day simple moving average is $26.04. Cohen & Steers Preferred and Income Opportunities Active ETF has a 12-month low of $25.05 and a 12-month high of $26.81.

Hedge Funds Weigh In On Cohen & Steers Preferred and Income Opportunities Active ETF

A number of institutional investors have recently bought and sold shares of CSPF. Townsend & Associates Inc purchased a new position in Cohen & Steers Preferred and Income Opportunities Active ETF during the fourth quarter worth about $32,493,000. Allworth Financial LP purchased a new position in Cohen & Steers Preferred and Income Opportunities Active ETF during the fourth quarter worth about $8,837,000. Fortem Financial Group LLC purchased a new position in Cohen & Steers Preferred and Income Opportunities Active ETF during the fourth quarter worth about $7,784,000. SK Wealth Management LLC raised its stake in Cohen & Steers Preferred and Income Opportunities Active ETF by 291.6% during the first quarter. SK Wealth Management LLC now owns 352,469 shares of the company’s stock worth $9,067,000 after purchasing an additional 262,472 shares during the period. Finally, Osaic Holdings Inc. raised its stake in Cohen & Steers Preferred and Income Opportunities Active ETF by 142,386.1% during the fourth quarter. Osaic Holdings Inc. now owns 163,859 shares of the company’s stock worth $4,247,000 after purchasing an additional 163,744 shares during the period.

Cohen & Steers Preferred and Income Opportunities Active ETF Company Profile

The Cohen & Steers Preferred and Income Opportunities Active ETF (CSPF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks total return through an actively managed portfolio of preferred and income-producing debt securities perceived to be undervalued relative to credit quality and other investment factors. The fund may invest in securities of any credit quality and maturity issued by firms around the globe. CSPF was launched on Feb 4, 2025 and is issued by Cohen & Steers.