Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) Short Interest Up 1,200.0% in November

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 35,100 shares, an increase of 1,200.0% from the October 31st total of 2,700 shares. Based on an average daily volume of 260,800 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Highland Funds I – Highland Opportunities and Income Fund

Several large investors have recently made changes to their positions in HFRO. Blue Bell Private Wealth Management LLC increased its position in Highland Funds I – Highland Opportunities and Income Fund by 78.9% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 4,194 shares of the company’s stock valued at $26,000 after buying an additional 1,850 shares in the last quarter. Legacy Investment Solutions LLC bought a new position in shares of Highland Funds I – Highland Opportunities and Income Fund during the third quarter valued at $32,000. Asset Dedication LLC purchased a new position in shares of Highland Funds I – Highland Opportunities and Income Fund in the 2nd quarter worth about $37,000. Jackson Wealth Management LLC bought a new position in Highland Funds I – Highland Opportunities and Income Fund in the 3rd quarter worth about $81,000. Finally, Leonard Rickey Investment Advisors P.L.L.C. bought a new position in Highland Funds I – Highland Opportunities and Income Fund in the 2nd quarter worth about $131,000.

Highland Funds I – Highland Opportunities and Income Fund Trading Up 1.2 %

Shares of Highland Funds I – Highland Opportunities and Income Fund stock opened at $5.88 on Thursday. Highland Funds I – Highland Opportunities and Income Fund has a 1 year low of $5.16 and a 1 year high of $8.93. The company has a 50-day moving average of $5.81 and a 200 day moving average of $6.03.

Highland Funds I – Highland Opportunities and Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 22nd will be paid a dividend of $0.038 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 7.76%. The ex-dividend date is Friday, November 22nd.

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.