Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Short Interest Up 75.7% in May

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 73,759 shares, an increase of 75.7% from the April 30th total of 41,992 shares. Based on an average daily trading volume, of 273,452 shares, the short-interest ratio is currently 0.3 days.

Cohen & Steers Infrastructure Fund Stock Performance

Cohen & Steers Infrastructure Fund stock opened at $26.85 on Thursday. The firm has a 50-day moving average of $26.55 and a 200-day moving average of $25.60. Cohen & Steers Infrastructure Fund has a one year low of $23.42 and a one year high of $27.35.

Cohen & Steers Infrastructure Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be paid a dividend of $0.165 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Tuesday, June 9th.

Hedge Funds Weigh In On Cohen & Steers Infrastructure Fund

A number of large investors have recently modified their holdings of the business. Bank of America Corp DE boosted its stake in shares of Cohen & Steers Infrastructure Fund by 6.7% during the 1st quarter. Bank of America Corp DE now owns 897,160 shares of the investment management company’s stock worth $23,218,000 after buying an additional 56,434 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in shares of Cohen & Steers Infrastructure Fund by 4.7% during the 1st quarter. Arkadios Wealth Advisors now owns 9,036 shares of the investment management company’s stock worth $234,000 after buying an additional 402 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Cohen & Steers Infrastructure Fund by 3.5% during the 1st quarter. Royal Bank of Canada now owns 936,075 shares of the investment management company’s stock worth $24,225,000 after buying an additional 32,064 shares during the last quarter. Sculptor Capital LP acquired a new position in shares of Cohen & Steers Infrastructure Fund during the 1st quarter worth about $4,841,000. Finally, Matrix Private Capital Group LLC acquired a new position in shares of Cohen & Steers Infrastructure Fund during the 1st quarter worth about $3,115,000.

Cohen & Steers Infrastructure Fund Company Profile

Cohen & Steers Infrastructure Fund, Inc (NYSE: UTF) is a closed-end management investment company that provides investors with exposure to global infrastructure assets. Listed on the New York Stock Exchange, the fund seeks to deliver total return through a combination of current income and capital appreciation. Since its inception in 2014, UTF has offered a vehicle for investors to access both equity and debt securities of companies operating in critical infrastructure sectors.

The fund’s portfolio is diversified across a range of infrastructure industries, including utilities, energy, transportation, and communications.