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

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

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

Several hedge funds have recently made changes to their positions in the business. LPL Financial LLC boosted its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 3.5% during the third quarter. LPL Financial LLC now owns 639,327 shares of the company’s stock worth $6,598,000 after buying an additional 21,647 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 14.4% during the first quarter. Commonwealth Equity Services LLC now owns 391,818 shares of the company’s stock worth $4,580,000 after buying an additional 49,221 shares during the period. Raymond James & Associates boosted its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 7.9% during the fourth quarter. Raymond James & Associates now owns 108,869 shares of the company’s stock worth $1,219,000 after buying an additional 8,002 shares during the period. Private Advisor Group LLC boosted its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 3.4% during the fourth quarter. Private Advisor Group LLC now owns 46,645 shares of the company’s stock worth $522,000 after buying an additional 1,542 shares during the period. Finally, Principal Securities Inc. acquired a new stake in shares of Cohen & Steers Closed-End Opportunity Fund during the fourth quarter worth about $316,000.

Cohen & Steers Closed-End Opportunity Fund Stock Performance

NYSE FOF opened at $11.95 on Monday. Cohen & Steers Closed-End Opportunity Fund has a 1 year low of $9.59 and a 1 year high of $12.06. The company has a fifty day moving average of $11.68 and a two-hundred day moving average of $11.44.

Cohen & Steers Closed-End Opportunity Fund Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $1.04 annualized dividend and a dividend yield of 8.74%.

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.