Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Sees Significant Increase in Short Interest

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 330,893 shares, a growth of 440.9% from the September 30th total of 61,179 shares. Based on an average daily trading volume, of 314,063 shares, the days-to-cover ratio is presently 1.1 days.

Hedge Funds Weigh In On Cohen & Steers Infrastructure Fund

Several institutional investors and hedge funds have recently bought and sold shares of UTF. IFP Advisors Inc lifted its position in Cohen & Steers Infrastructure Fund by 571.4% in the second quarter. IFP Advisors Inc now owns 987 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 840 shares during the last quarter. Kilter Group LLC bought a new stake in Cohen & Steers Infrastructure Fund during the 2nd quarter valued at $28,000. Allied Private Wealth LLC bought a new stake in Cohen & Steers Infrastructure Fund during the 2nd quarter valued at $48,000. Keating Financial Advisory Services Inc. purchased a new stake in Cohen & Steers Infrastructure Fund during the 2nd quarter valued at $97,000. Finally, CoreCap Advisors LLC boosted its position in Cohen & Steers Infrastructure Fund by 16.6% during the 2nd quarter. CoreCap Advisors LLC now owns 6,000 shares of the investment management company’s stock valued at $166,000 after buying an additional 856 shares during the period.

Cohen & Steers Infrastructure Fund Stock Down 0.5%

Shares of UTF traded down $0.13 during trading hours on Tuesday, hitting $25.96. The company had a trading volume of 111,468 shares, compared to its average volume of 318,394. The stock’s 50 day moving average price is $25.83 and its 200 day moving average price is $26.40. Cohen & Steers Infrastructure Fund has a 52-week low of $23.42 and a 52-week high of $28.11.

Cohen & Steers Infrastructure Fund Company Profile

Cohen & Steers Infrastructure Fund, Inc is a closed-end investment fund listed on the New York Stock Exchange under the symbol UTF. The fund seeks to provide a combination of current income and capital appreciation by investing primarily in infrastructure-related securities.

The fund focuses on companies and issuers involved in essential infrastructure industries, including utilities, energy infrastructure, transportation, communications and related services. Its portfolio may include common stocks, preferred securities, bonds and other income-producing investments issued by infrastructure businesses in the United States and international markets.

Cohen & Steers Infrastructure Fund is managed by Cohen & Steers Capital Management, an investment manager specializing in real assets, including infrastructure, real estate and natural-resource companies.