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

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 9,000 shares, a decline of 41.9% from the February 13th total of 15,500 shares. Based on an average trading volume of 49,000 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Cohen & Steers Closed-End Opportunity Fund

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

Cohen & Steers Closed-End Opportunity Fund Trading Up 1.2 %

Shares of FOF stock traded up $0.14 during mid-day trading on Friday, reaching $11.97. 30,292 shares of the company’s stock traded hands, compared to its average volume of 47,744. Cohen & Steers Closed-End Opportunity Fund has a 12 month low of $11.00 and a 12 month high of $13.39. The firm has a 50 day moving average price of $12.54 and a two-hundred day moving average price of $12.76.

Cohen & Steers Closed-End Opportunity Fund Announces Dividend

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

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.