Short Interest in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) Decreases By 11.2%

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 77,500 shares, a drop of 11.2% from the October 31st total of 87,300 shares. Based on an average daily trading volume, of 44,100 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Investors Weigh In On Cohen & Steers Closed-End Opportunity Fund

Several institutional investors have recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. bought a new position in shares of Cohen & Steers Closed-End Opportunity Fund during the third quarter valued at about $28,000. Future Financial Wealth Managment LLC purchased a new stake in Cohen & Steers Closed-End Opportunity Fund in the 3rd quarter worth approximately $78,000. Kapstone Financial Advisors LLC bought a new stake in shares of Cohen & Steers Closed-End Opportunity Fund in the 2nd quarter worth approximately $139,000. Saxony Capital Management LLC increased its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 5.2% during the second quarter. Saxony Capital Management LLC now owns 25,493 shares of the company’s stock valued at $305,000 after buying an additional 1,250 shares during the period. Finally, J.W. Cole Advisors Inc. bought a new position in shares of Cohen & Steers Closed-End Opportunity Fund during the third quarter valued at approximately $615,000.

Cohen & Steers Closed-End Opportunity Fund Price Performance

FOF traded up $0.05 on Friday, hitting $13.22. 31,055 shares of the company were exchanged, compared to its average volume of 50,060. The firm has a fifty day simple moving average of $12.98 and a two-hundred day simple moving average of $12.41. Cohen & Steers Closed-End Opportunity Fund has a 12 month low of $10.82 and a 12 month high of $13.29.

Cohen & Steers Closed-End Opportunity Fund Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 16th were paid a $0.087 dividend. This represents a dividend yield of 8.02%. The ex-dividend date of this dividend was Tuesday, October 15th.

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.