Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) Short Interest Up 51.8% in June

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 42,800 shares, an increase of 51.8% from the May 31st total of 28,200 shares. Based on an average trading volume of 51,000 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Concourse Financial Group Securities Inc. purchased a new stake in shares of Cohen & Steers Closed-End Opportunity Fund during the 1st quarter worth about $25,000. Future Financial Wealth Managment LLC acquired a new stake in Cohen & Steers Closed-End Opportunity Fund during the 1st quarter worth approximately $99,000. EP Wealth Advisors LLC acquired a new stake in Cohen & Steers Closed-End Opportunity Fund during the 3rd quarter worth approximately $147,000. Saxony Capital Management LLC acquired a new stake in Cohen & Steers Closed-End Opportunity Fund during the 4th quarter worth approximately $272,000. Finally, Principal Securities Inc. acquired a new stake in Cohen & Steers Closed-End Opportunity Fund during the 4th quarter worth approximately $316,000.

Cohen & Steers Closed-End Opportunity Fund Stock Up 0.7 %

NYSE FOF opened at $11.95 on Friday. Cohen & Steers Closed-End Opportunity Fund has a 12 month low of $9.59 and a 12 month high of $12.06. The company has a 50-day moving average of $11.68 and a 200-day moving average of $11.44.

Cohen & Steers Closed-End Opportunity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 10th will be paid a dividend of $0.087 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 8.74%. The ex-dividend date is Tuesday, September 10th.

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.