Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Short Interest Update

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 54,900 shares, a decline of 21.0% from the December 15th total of 69,500 shares. Based on an average trading volume of 184,500 shares, the days-to-cover ratio is currently 0.3 days.

Cohen & Steers Infrastructure Fund Stock Performance

Shares of UTF stock traded up $0.22 during trading hours on Friday, reaching $24.42. 293,542 shares of the company’s stock were exchanged, compared to its average volume of 205,058. Cohen & Steers Infrastructure Fund has a fifty-two week low of $20.56 and a fifty-two week high of $26.31. The stock’s 50 day moving average is $24.65 and its 200-day moving average is $24.74.

Cohen & Steers Infrastructure Fund Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a $0.155 dividend. This represents a yield of 7.94%. The ex-dividend date of this dividend is Tuesday, January 14th.

Institutional Investors Weigh In On Cohen & Steers Infrastructure Fund

A number of large investors have recently modified their holdings of the business. Bedell Frazier Investment Counselling LLC grew its position in Cohen & Steers Infrastructure Fund by 1.7% during the 3rd quarter. Bedell Frazier Investment Counselling LLC now owns 520,063 shares of the investment management company’s stock worth $13,537,000 after purchasing an additional 8,520 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of Cohen & Steers Infrastructure Fund by 1.3% during the third quarter. Stifel Financial Corp now owns 315,839 shares of the investment management company’s stock worth $8,221,000 after buying an additional 3,959 shares during the period. Raymond James & Associates grew its holdings in shares of Cohen & Steers Infrastructure Fund by 0.8% during the third quarter. Raymond James & Associates now owns 253,586 shares of the investment management company’s stock valued at $6,601,000 after buying an additional 2,137 shares during the last quarter. Conning Inc. increased its position in shares of Cohen & Steers Infrastructure Fund by 2.0% in the 3rd quarter. Conning Inc. now owns 138,980 shares of the investment management company’s stock valued at $3,618,000 after acquiring an additional 2,663 shares during the period. Finally, International Assets Investment Management LLC purchased a new position in Cohen & Steers Infrastructure Fund in the 3rd quarter worth $2,845,000.

Cohen & Steers Infrastructure Fund Company Profile

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.