Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Short Interest Up 202.6% in February

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 172,500 shares, a growth of 202.6% from the February 13th total of 57,000 shares. Based on an average daily volume of 219,400 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Cohen & Steers Infrastructure Fund

A number of hedge funds and other institutional investors have recently modified their holdings of UTF. Raymond James Financial Inc. purchased a new position in shares of Cohen & Steers Infrastructure Fund in the 4th quarter worth approximately $19,379,000. Wells Fargo & Company MN boosted its stake in shares of Cohen & Steers Infrastructure Fund by 13.5% in the 4th quarter. Wells Fargo & Company MN now owns 1,057,958 shares of the investment management company’s stock worth $25,433,000 after buying an additional 126,144 shares during the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of Cohen & Steers Infrastructure Fund in the 4th quarter worth approximately $2,947,000. World Investment Advisors LLC purchased a new position in shares of Cohen & Steers Infrastructure Fund in the 3rd quarter worth approximately $2,033,000. Finally, Cornerstone Advisors LLC purchased a new position in shares of Cohen & Steers Infrastructure Fund in the 4th quarter worth approximately $1,579,000.

Cohen & Steers Infrastructure Fund Trading Up 1.6 %

UTF stock opened at $24.55 on Friday. Cohen & Steers Infrastructure Fund has a 52-week low of $21.26 and a 52-week high of $26.31. The business has a 50-day simple moving average of $24.33 and a two-hundred day simple moving average of $24.88.

Cohen & Steers Infrastructure Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were paid a $0.155 dividend. The ex-dividend date was Tuesday, January 14th. This represents a dividend yield of 7.94%.

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.