Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Short Interest Up 1,135.8% in July

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 82,800 shares, a growth of 1,135.8% from the June 30th total of 6,700 shares. Based on an average daily trading volume, of 183,400 shares, the days-to-cover ratio is presently 0.5 days.

Cohen & Steers Infrastructure Fund Price Performance

Shares of Cohen & Steers Infrastructure Fund stock opened at $24.00 on Thursday. The business has a 50-day simple moving average of $23.14 and a 200-day simple moving average of $22.63. Cohen & Steers Infrastructure Fund has a one year low of $18.15 and a one year high of $24.31.

Cohen & Steers Infrastructure Fund Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 17th will be issued a dividend of $0.155 per share. This represents a yield of 7.83%. The ex-dividend date of this dividend is Tuesday, July 16th.

Institutional Trading of Cohen & Steers Infrastructure Fund

Institutional investors have recently bought and sold shares of the business. UBS Group AG grew its stake in Cohen & Steers Infrastructure Fund by 5.1% during the 4th quarter. UBS Group AG now owns 828,097 shares of the investment management company’s stock worth $17,589,000 after buying an additional 40,225 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Cohen & Steers Infrastructure Fund by 1.6% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 615,537 shares of the investment management company’s stock valued at $13,837,000 after purchasing an additional 9,864 shares during the last quarter. Cornerstone Advisors LLC boosted its stake in Cohen & Steers Infrastructure Fund by 89.0% during the 4th quarter. Cornerstone Advisors LLC now owns 416,722 shares of the investment management company’s stock worth $8,851,000 after purchasing an additional 196,223 shares during the period. Strategic Wealth Partners Ltd. grew its position in Cohen & Steers Infrastructure Fund by 9.6% during the 1st quarter. Strategic Wealth Partners Ltd. now owns 184,222 shares of the investment management company’s stock worth $4,342,000 after purchasing an additional 16,066 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in Cohen & Steers Infrastructure Fund by 420.9% in the first quarter. Cetera Investment Advisers now owns 182,220 shares of the investment management company’s stock valued at $4,295,000 after purchasing an additional 147,236 shares during the period.

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.