Short Interest in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Declines By 21.0%

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

Cohen & Steers Infrastructure Fund Stock Up 1.3 %

NYSE UTF traded up $0.30 during trading hours on Wednesday, reaching $23.84. The company’s stock had a trading volume of 150,152 shares, compared to its average volume of 194,472. Cohen & Steers Infrastructure Fund has a 52 week low of $20.56 and a 52 week high of $26.31. The firm has a fifty day simple moving average of $24.69 and a 200-day simple moving average of $24.75.

Cohen & Steers Infrastructure Fund Dividend Announcement

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

Institutional Trading of Cohen & Steers Infrastructure Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Harbour Investments Inc. boosted its position in Cohen & Steers Infrastructure Fund by 12.7% during the third quarter. Harbour Investments Inc. now owns 20,490 shares of the investment management company’s stock valued at $533,000 after acquiring an additional 2,304 shares during the last quarter. Creative Planning grew its position in shares of Cohen & Steers Infrastructure Fund by 22.9% during the 3rd quarter. Creative Planning now owns 33,221 shares of the investment management company’s stock worth $865,000 after buying an additional 6,190 shares during the period. Raymond James & Associates increased its stake in shares of Cohen & Steers Infrastructure Fund by 0.8% in the 3rd quarter. Raymond James & Associates now owns 253,586 shares of the investment management company’s stock valued at $6,601,000 after acquiring an additional 2,137 shares in the last quarter. MML Investors Services LLC increased its stake in shares of Cohen & Steers Infrastructure Fund by 7.7% in the 3rd quarter. MML Investors Services LLC now owns 13,403 shares of the investment management company’s stock valued at $349,000 after acquiring an additional 956 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in Cohen & Steers Infrastructure Fund by 15.0% during the third quarter. HighTower Advisors LLC now owns 52,527 shares of the investment management company’s stock worth $1,367,000 after acquiring an additional 6,848 shares in the last quarter.

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.