Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) Sees Significant Decrease in Short Interest

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 25,329 shares, a decline of 45.1% from the July 30th total of 46,112 shares. Based on an average trading volume of 45,178 shares, the days-to-cover ratio is currently 0.6 days.

Cohen & Steers Closed-End Opportunity Fund Trading Up 0.5%

Shares of NYSE:FOF traded up $0.07 during trading hours on Monday, reaching $13.60. The stock had a trading volume of 54,181 shares, compared to its average volume of 70,739. Cohen & Steers Closed-End Opportunity Fund has a 1 year low of $12.50 and a 1 year high of $15.04. The firm’s 50 day moving average is $13.63 and its 200-day moving average is $13.70.

Cohen & Steers Closed-End Opportunity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be paid a dividend of $0.087 per share. The ex-dividend date is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%.

Institutional Trading of Cohen & Steers Closed-End Opportunity Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Kapstone Financial Advisors LLC increased its stake in Cohen & Steers Closed-End Opportunity Fund by 3.7% in the fourth quarter. Kapstone Financial Advisors LLC now owns 21,390 shares of the company’s stock valued at $282,000 after purchasing an additional 770 shares during the last quarter. Principal Securities Inc. raised its holdings in Cohen & Steers Closed-End Opportunity Fund by 7.6% during the fourth quarter. Principal Securities Inc. now owns 11,080 shares of the company’s stock worth $146,000 after purchasing an additional 787 shares in the last quarter. Kestra Advisory Services LLC lifted its position in shares of Cohen & Steers Closed-End Opportunity Fund by 2.9% during the 1st quarter. Kestra Advisory Services LLC now owns 33,876 shares of the company’s stock worth $435,000 after buying an additional 966 shares during the last quarter. UBS Group AG lifted its position in shares of Cohen & Steers Closed-End Opportunity Fund by 0.6% during the 3rd quarter. UBS Group AG now owns 244,605 shares of the company’s stock worth $3,190,000 after buying an additional 1,347 shares during the last quarter. Finally, Wedbush Securities Inc. boosted its holdings in shares of Cohen & Steers Closed-End Opportunity Fund by 7.3% in the 4th quarter. Wedbush Securities Inc. now owns 24,346 shares of the company’s stock valued at $321,000 after buying an additional 1,652 shares in the last quarter.

Cohen & Steers Closed-End Opportunity Fund Company Profile

Cohen & Steers Closed-End Opportunity Fund (NYSE: FOF) is a diversified, closed-end management investment company that seeks total return through a portfolio of publicly traded closed-end funds. The fund primarily targets taxable closed-end vehicles spanning equity, fixed income, and real estate investment strategies, aiming to capture discounts to net asset value and generate competitive current income over a full market cycle.

FOF’s investment approach combines sector allocation and relative-value analysis to select closed-end funds across domestic and international markets.