Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) Short Interest Update

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 15,500 shares, a drop of 51.3% from the January 31st total of 31,800 shares. Based on an average daily volume of 48,400 shares, the days-to-cover ratio is presently 0.3 days.

Cohen & Steers Closed-End Opportunity Fund Stock Performance

NYSE FOF remained flat at $12.37 during mid-day trading on Friday. 53,288 shares of the company traded hands, compared to its average volume of 47,751. The firm’s fifty day moving average price is $12.65 and its 200 day moving average price is $12.77. Cohen & Steers Closed-End Opportunity Fund has a twelve month low of $11.00 and a twelve month high of $13.39.

Cohen & Steers Closed-End Opportunity Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were given a $0.087 dividend. This represents a yield of 8.25%. The ex-dividend date of this dividend was Tuesday, January 14th.

Institutional Trading of Cohen & Steers Closed-End Opportunity Fund

Several hedge funds have recently bought and sold shares of FOF. LPL Financial LLC lifted its stake in Cohen & Steers Closed-End Opportunity Fund by 18.1% during the 4th quarter. LPL Financial LLC now owns 913,599 shares of the company’s stock valued at $11,603,000 after acquiring an additional 139,779 shares in the last quarter. Bank of America Corp DE lifted its stake in Cohen & Steers Closed-End Opportunity Fund by 8.4% during the 4th quarter. Bank of America Corp DE now owns 522,690 shares of the company’s stock valued at $6,638,000 after acquiring an additional 40,310 shares in the last quarter. Raymond James Financial Inc. bought a new position in Cohen & Steers Closed-End Opportunity Fund during the 4th quarter valued at $3,532,000. Thrivent Financial for Lutherans lifted its stake in Cohen & Steers Closed-End Opportunity Fund by 7.3% during the 4th quarter. Thrivent Financial for Lutherans now owns 117,093 shares of the company’s stock valued at $1,487,000 after acquiring an additional 7,928 shares in the last quarter. Finally, J.W. Cole Advisors Inc. lifted its stake in Cohen & Steers Closed-End Opportunity Fund by 69.4% during the 4th quarter. J.W. Cole Advisors Inc. now owns 80,077 shares of the company’s stock valued at $1,017,000 after acquiring an additional 32,794 shares in the last quarter.

Cohen & Steers Closed-End Opportunity Fund Company Profile

Cohen & Steers Closed-End Opportunity Fund, Inc is a close-ended fund of funds launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies.