Cohen & Steers Closed-End Opportunity Fund (NYSE:FOF) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $13.00 and traded as low as $12.71. Cohen & Steers Closed-End Opportunity Fund shares last traded at $12.83, with a volume of 47,072 shares trading hands.

Cohen & Steers Closed-End Opportunity Fund Stock Up 0.2%

The business has a 50 day simple moving average of $13.00 and a 200-day simple moving average of $12.72.

Cohen & Steers Closed-End Opportunity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be given a dividend of $0.087 per share. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date is Tuesday, December 9th.

Institutional Trading of Cohen & Steers Closed-End Opportunity Fund

Several hedge funds have recently made changes to their positions in the company. Wolverine Asset Management LLC acquired a new position in Cohen & Steers Closed-End Opportunity Fund in the third quarter valued at approximately $29,000. Huntington National Bank acquired a new position in shares of Cohen & Steers Closed-End Opportunity Fund in the 3rd quarter valued at $33,000. JPMorgan Chase & Co. purchased a new position in shares of Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter worth $45,000. Readystate Asset Management LP acquired a new stake in shares of Cohen & Steers Closed-End Opportunity Fund during the 1st quarter worth about $168,000. Finally, Benjamin Edwards Inc. purchased a new stake in Cohen & Steers Closed-End Opportunity Fund in the 3rd quarter valued at about $170,000.

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.