Short Interest in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) Drops By 5.5%

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 87,300 shares, a drop of 5.5% from the October 15th total of 92,400 shares. Based on an average daily trading volume, of 44,300 shares, the short-interest ratio is presently 2.0 days.

Institutional Investors Weigh In On Cohen & Steers Closed-End Opportunity Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of FOF. Kapstone Financial Advisors LLC purchased a new position in shares of Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter valued at $139,000. Raymond James Trust N.A. grew its position in Cohen & Steers Closed-End Opportunity Fund by 19.3% in the second quarter. Raymond James Trust N.A. now owns 54,925 shares of the company’s stock worth $656,000 after acquiring an additional 8,893 shares in the last quarter. GHP Investment Advisors Inc. purchased a new position in Cohen & Steers Closed-End Opportunity Fund in the third quarter worth $28,000. Private Advisor Group LLC grew its position in Cohen & Steers Closed-End Opportunity Fund by 37.8% in the second quarter. Private Advisor Group LLC now owns 65,442 shares of the company’s stock worth $782,000 after acquiring an additional 17,962 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Cohen & Steers Closed-End Opportunity Fund by 7.1% in the second quarter. Commonwealth Equity Services LLC now owns 419,457 shares of the company’s stock worth $5,013,000 after acquiring an additional 27,639 shares in the last quarter.

Cohen & Steers Closed-End Opportunity Fund Stock Performance

FOF stock opened at $12.78 on Wednesday. Cohen & Steers Closed-End Opportunity Fund has a 52-week low of $10.82 and a 52-week high of $13.29. The business has a 50-day simple moving average of $12.90 and a two-hundred day simple moving average of $12.32.

Cohen & Steers Closed-End Opportunity Fund Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 16th were issued a $0.087 dividend. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a dividend yield of 8.02%.

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.