Short Interest in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Drops By 21.0%

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 54,900 shares, a decline of 21.0% from the December 15th total of 69,500 shares. Based on an average trading volume of 184,500 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Cohen & Steers Infrastructure Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Northwest Investment Counselors LLC bought a new position in Cohen & Steers Infrastructure Fund in the 3rd quarter worth about $26,000. Wilmington Savings Fund Society FSB bought a new position in Cohen & Steers Infrastructure Fund in the third quarter worth approximately $45,000. Ashton Thomas Securities LLC purchased a new position in Cohen & Steers Infrastructure Fund during the 3rd quarter worth $153,000. Kovack Advisors Inc. purchased a new position in Cohen & Steers Infrastructure Fund during the 3rd quarter worth $202,000. Finally, Main Street Financial Solutions LLC bought a new stake in Cohen & Steers Infrastructure Fund during the 3rd quarter valued at $247,000.

Cohen & Steers Infrastructure Fund Stock Performance

UTF stock traded up $0.22 during midday trading on Friday, reaching $24.42. The company’s stock had a trading volume of 293,542 shares, compared to its average volume of 205,058. Cohen & Steers Infrastructure Fund has a 1 year low of $20.56 and a 1 year high of $26.31. The stock has a fifty day simple moving average of $24.65 and a two-hundred day simple moving average of $24.74.

Cohen & Steers Infrastructure Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be paid a $0.155 dividend. This represents a yield of 7.94%. The ex-dividend date of this dividend is Tuesday, January 14th.

About Cohen & Steers Infrastructure Fund

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.