Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) Short Interest Up 47.7% in February

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 224,300 shares, an increase of 47.7% from the January 31st total of 151,900 shares. Based on an average daily volume of 388,300 shares, the short-interest ratio is presently 0.6 days.

Highland Funds I – Highland Opportunities and Income Fund Stock Down 2.4 %

HFRO opened at $5.69 on Wednesday. Highland Funds I – Highland Opportunities and Income Fund has a 52-week low of $5.11 and a 52-week high of $7.05. The firm’s fifty day simple moving average is $5.60 and its two-hundred day simple moving average is $5.75.

Highland Funds I – Highland Opportunities and Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 24th will be issued a dividend of $0.0385 per share. This represents a $0.46 annualized dividend and a yield of 8.12%. The ex-dividend date of this dividend is Monday, March 24th.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Legacy Investment Solutions LLC purchased a new position in Highland Funds I – Highland Opportunities and Income Fund during the third quarter valued at $32,000. Trust Co. of Toledo NA OH purchased a new position in shares of Highland Funds I – Highland Opportunities and Income Fund in the fourth quarter worth about $52,000. Tallon Kerry Patrick purchased a new position in shares of Highland Funds I – Highland Opportunities and Income Fund in the fourth quarter worth about $64,000. Summit Securities Group LLC purchased a new position in shares of Highland Funds I – Highland Opportunities and Income Fund in the fourth quarter worth about $69,000. Finally, Citadel Advisors LLC purchased a new position in shares of Highland Funds I – Highland Opportunities and Income Fund in the fourth quarter worth about $69,000.

About Highland Funds I – Highland Opportunities and Income Fund

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.