Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Sees Significant Decrease in Short Interest

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totalling 12,900 shares, a decline of 79.6% from the September 15th total of 63,300 shares. Based on an average daily volume of 185,900 shares, the short-interest ratio is currently 0.1 days.

Cohen & Steers Infrastructure Fund Stock Performance

NYSE:UTF remained flat at $25.23 during trading hours on Thursday. The company had a trading volume of 141,653 shares, compared to its average volume of 213,158. The company has a 50 day moving average of $25.14 and a two-hundred day moving average of $23.84. Cohen & Steers Infrastructure Fund has a 12 month low of $18.37 and a 12 month high of $26.31.

Cohen & Steers Infrastructure Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th will be paid a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a yield of 7.37%. The ex-dividend date is Tuesday, December 10th.

Institutional Investors Weigh In On Cohen & Steers Infrastructure Fund

Several hedge funds have recently bought and sold shares of the stock. Benjamin Edwards Inc. bought a new position in shares of Cohen & Steers Infrastructure Fund during the 1st quarter valued at about $29,000. Brown Lisle Cummings Inc. raised its stake in shares of Cohen & Steers Infrastructure Fund by 61.0% during the second quarter. Brown Lisle Cummings Inc. now owns 1,610 shares of the investment management company’s stock worth $36,000 after acquiring an additional 610 shares in the last quarter. Salomon & Ludwin LLC raised its stake in shares of Cohen & Steers Infrastructure Fund by 381.3% during the first quarter. Salomon & Ludwin LLC now owns 1,925 shares of the investment management company’s stock worth $45,000 after acquiring an additional 1,525 shares in the last quarter. First Horizon Advisors Inc. bought a new stake in shares of Cohen & Steers Infrastructure Fund in the 2nd quarter worth approximately $45,000. Finally, Register Financial Advisors LLC purchased a new stake in shares of Cohen & Steers Infrastructure Fund in the 1st quarter valued at $118,000.

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.