Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) Sees Large Growth in Short Interest

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF – Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 47,341 shares, an increase of 243.5% from the September 15th total of 13,781 shares. Based on an average trading volume of 79,364 shares, the short-interest ratio is currently 0.6 days.

Cohen & Steers Closed-End Opportunity Fund Price Performance

Shares of NYSE:FOF traded up $0.06 during trading on Friday, hitting $12.49. 47,771 shares of the stock were exchanged, compared to its average volume of 70,960. The company has a fifty day moving average price of $13.09 and a two-hundred day moving average price of $13.42. Cohen & Steers Closed-End Opportunity Fund has a 12-month low of $12.12 and a 12-month high of $15.04.

Institutional Trading of Cohen & Steers Closed-End Opportunity Fund

A number of institutional investors have recently bought and sold shares of FOF. Compass Financial Management LLC purchased a new stake in shares of Cohen & Steers Closed-End Opportunity Fund in the 2nd quarter worth about $41,000. Highland Investment Advisors LLC acquired a new stake in Cohen & Steers Closed-End Opportunity Fund in the 2nd quarter valued at about $52,000. Financial Alternatives Inc purchased a new position in Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter valued at about $608,000. Silverlake Wealth Management LLC purchased a new position in Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter valued at about $161,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter valued at about $176,000.

Cohen & Steers Closed-End Opportunity Fund Company Profile

(Get Free Report)

Cohen & Steers Closed-End Opportunity Fund (NYSE:FOF) is a diversified closed-end investment company managed by Cohen & Steers Capital Management. The fund seeks to provide investors with current income and total return through a portfolio of closed-end funds and other income-oriented investments.

The fund invests across a range of asset classes and strategies, including equity, fixed-income and real asset-focused closed-end funds. Its portfolio may include funds that invest in areas such as real estate, infrastructure, preferred securities, business development companies and other income-producing securities, allowing FOF to provide exposure to multiple market segments through a single investment vehicle.

FOF may invest in both U.S.

Further Reading

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