Short Interest in Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) Expands By 1,200.0%

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 35,100 shares, an increase of 1,200.0% from the October 31st total of 2,700 shares. Based on an average trading volume of 260,800 shares, the days-to-cover ratio is presently 0.1 days.

Highland Funds I – Highland Opportunities and Income Fund Trading Up 1.2 %

HFRO stock opened at $5.88 on Friday. Highland Funds I – Highland Opportunities and Income Fund has a twelve month low of $5.16 and a twelve month high of $8.93. The business’s fifty day simple moving average is $5.81 and its two-hundred day simple moving average is $6.03.

Highland Funds I – Highland Opportunities and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 22nd will be paid a $0.038 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 7.76%.

Institutional Trading of Highland Funds I – Highland Opportunities and Income Fund

Several institutional investors and hedge funds have recently modified their holdings of HFRO. Blue Bell Private Wealth Management LLC grew its position in shares of Highland Funds I – Highland Opportunities and Income Fund by 78.9% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 4,194 shares of the company’s stock worth $26,000 after buying an additional 1,850 shares in the last quarter. Legacy Investment Solutions LLC bought a new position in Highland Funds I – Highland Opportunities and Income Fund during the 3rd quarter worth about $32,000. Asset Dedication LLC purchased a new position in Highland Funds I – Highland Opportunities and Income Fund during the 2nd quarter valued at about $37,000. Jackson Wealth Management LLC purchased a new position in Highland Funds I – Highland Opportunities and Income Fund during the 3rd quarter valued at about $81,000. Finally, Leonard Rickey Investment Advisors P.L.L.C. purchased a new stake in shares of Highland Funds I – Highland Opportunities and Income Fund in the 2nd quarter worth approximately $131,000.

Highland Funds I – Highland Opportunities and Income Fund Company Profile

Highland Funds I – Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships.