Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) Short Interest Up 47.7% in February

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 224,300 shares, an increase of 47.7% from the January 31st total of 151,900 shares. Based on an average daily trading volume, of 388,300 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On Highland Funds I – Highland Opportunities and Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Legacy Investment Solutions LLC acquired a new stake in shares of Highland Funds I – Highland Opportunities and Income Fund in the third quarter valued at about $32,000. Trust Co. of Toledo NA OH acquired a new position in Highland Funds I – Highland Opportunities and Income Fund during the fourth quarter worth about $52,000. Tallon Kerry Patrick purchased a new position in Highland Funds I – Highland Opportunities and Income Fund in the fourth quarter valued at about $64,000. Summit Securities Group LLC acquired a new stake in shares of Highland Funds I – Highland Opportunities and Income Fund during the 4th quarter valued at approximately $69,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Highland Funds I – Highland Opportunities and Income Fund during the 4th quarter valued at approximately $69,000.

Highland Funds I – Highland Opportunities and Income Fund Stock Down 2.4 %

Shares of HFRO traded down $0.14 during mid-day trading on Tuesday, hitting $5.69. The company’s stock had a trading volume of 231,498 shares, compared to its average volume of 278,535. The firm has a 50-day simple moving average of $5.59 and a 200 day simple moving average of $5.75. Highland Funds I – Highland Opportunities and Income Fund has a 1-year low of $5.11 and a 1-year high of $7.05.

Highland Funds I – Highland Opportunities and Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 24th will be issued a $0.0385 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 8.12%. The ex-dividend date is Monday, March 24th.

Highland Funds I – Highland Opportunities and Income Fund Company Profile

Highland Funds I – Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships.