Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) Sees Significant Growth in Short Interest

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 volume of 388,300 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Highland Funds I – Highland Opportunities and Income Fund

Institutional investors have recently modified their holdings of the stock. Atria Wealth Solutions Inc. boosted its holdings in shares of Highland Funds I – Highland Opportunities and Income Fund by 5.3% in the fourth quarter. Atria Wealth Solutions Inc. now owns 55,117 shares of the company’s stock valued at $286,000 after purchasing an additional 2,772 shares during the period. Integrated Capital Management Inc. grew its stake in shares of Highland Funds I – Highland Opportunities and Income Fund by 7.7% during the fourth quarter. Integrated Capital Management Inc. now owns 42,947 shares of the company’s stock worth $223,000 after acquiring an additional 3,071 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in shares of Highland Funds I – Highland Opportunities and Income Fund by 38.0% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 18,164 shares of the company’s stock worth $94,000 after buying an additional 5,000 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in Highland Funds I – Highland Opportunities and Income Fund by 9.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 59,886 shares of the company’s stock valued at $311,000 after purchasing an additional 5,156 shares during the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in Highland Funds I – Highland Opportunities and Income Fund in the third quarter valued at approximately $32,000.

Highland Funds I – Highland Opportunities and Income Fund Price Performance

HFRO stock traded up $0.05 during trading on Monday, hitting $5.84. 180,278 shares of the company’s stock traded hands, compared to its average volume of 278,793. Highland Funds I – Highland Opportunities and Income Fund has a 52 week low of $5.11 and a 52 week high of $7.05. The business has a fifty day simple moving average of $5.58 and a 200 day simple moving average of $5.75.

Highland Funds I – Highland Opportunities and Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a $0.0385 dividend. The ex-dividend date was Friday, February 21st. This represents a $0.46 annualized dividend and a yield of 7.92%.

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.