Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) Stock Short Interest Report for October

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) saw a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 11,216 shares, a decline of 72.8% from the October 15th total of 41,262 shares. Based on an average daily trading volume, of 103,151 shares, the days-to-cover ratio is currently 0.1 days.

Highland Funds I – Highland Opportunities and Income Fund Price Performance

NYSE HFRO traded down $0.10 on Friday, hitting $5.29. 377,943 shares of the stock traded hands, compared to its average volume of 130,625. Highland Funds I – Highland Opportunities and Income Fund has a 12 month low of $5.28 and a 12 month high of $7.74. The business’s fifty day moving average is $6.53 and its two-hundred day moving average is $6.59.

Highland Funds I – Highland Opportunities and Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 23rd will be given a dividend of $0.0385 per share. The ex-dividend date is Monday, November 23rd. This represents a $0.46 annualized dividend and a dividend yield of 8.7%.

Hedge Funds Weigh In On Highland Funds I – Highland Opportunities and Income Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HFRO. StoneX Group Inc. purchased a new position in shares of Highland Funds I – Highland Opportunities and Income Fund in the 3rd quarter worth about $118,000. Calamos Advisors LLC boosted its position in Highland Funds I – Highland Opportunities and Income Fund by 6.7% during the third quarter. Calamos Advisors LLC now owns 85,547 shares of the company’s stock valued at $570,000 after buying an additional 5,346 shares during the period. Blue Bell Private Wealth Management LLC boosted its holdings in Highland Funds I – Highland Opportunities and Income Fund by 33.0% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 234,418 shares of the company’s stock valued at $1,561,000 after acquiring an additional 58,154 shares during the period. Financial Solutions Advisory Group Inc. grew its holdings in shares of Highland Funds I – Highland Opportunities and Income Fund by 55.1% in the third quarter. Financial Solutions Advisory Group Inc. now owns 69,401 shares of the company’s stock worth $430,000 after purchasing an additional 24,667 shares during the last quarter. Finally, Gratia Capital LLC purchased a new position in shares of Highland Funds I – Highland Opportunities and Income Fund in the second quarter valued at about $889,000.

About Highland Funds I – Highland Opportunities and Income Fund

Highland Opportunities and Income Fund (NYSE: HFRO) is a closed-end investment fund designed to pursue total return through a combination of current income and capital appreciation. The fund invests in a flexible portfolio of income-producing and opportunistic assets rather than operating as a traditional business. Its portfolio may include corporate loans, bonds, structured credit investments, preferred securities, common stocks and other debt or equity instruments. The fund can invest across a range of industries and may allocate capital to both public and private-market opportunities, including investments issued by companies in the United States and other countries.