Short Interest in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Drops By 22.8%

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 57,000 shares, a drop of 22.8% from the January 31st total of 73,800 shares. Based on an average daily volume of 202,900 shares, the short-interest ratio is presently 0.3 days.

Cohen & Steers Infrastructure Fund Stock Down 0.2 %

Shares of UTF stock traded down $0.05 on Thursday, reaching $24.44. 105,577 shares of the company were exchanged, compared to its average volume of 207,763. Cohen & Steers Infrastructure Fund has a 1 year low of $21.26 and a 1 year high of $26.31. The business has a 50-day moving average price of $24.27 and a 200 day moving average price of $24.88.

Cohen & Steers Infrastructure Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were paid a $0.155 dividend. This represents a dividend yield of 7.94%. The ex-dividend date was Tuesday, January 14th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in UTF. Jones Financial Companies Lllp acquired a new position in shares of Cohen & Steers Infrastructure Fund during the 4th quarter worth approximately $32,000. Millstone Evans Group LLC purchased a new stake in shares of Cohen & Steers Infrastructure Fund in the 4th quarter valued at approximately $36,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Cohen & Steers Infrastructure Fund during the 3rd quarter worth approximately $45,000. Allworth Financial LP raised its position in Cohen & Steers Infrastructure Fund by 45.7% in the fourth quarter. Allworth Financial LP now owns 3,421 shares of the investment management company’s stock valued at $83,000 after purchasing an additional 1,073 shares during the period. Finally, Golden State Wealth Management LLC purchased a new stake in Cohen & Steers Infrastructure Fund in the 4th quarter valued at about $115,000.

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.