Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Sees Large Growth in Short Interest

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTFGet Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 73,759 shares, a growth of 75.7% from the April 30th total of 41,992 shares. Based on an average daily volume of 273,452 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Cohen & Steers Infrastructure Fund

A number of large investors have recently bought and sold shares of UTF. Parallel Advisors LLC increased its stake in Cohen & Steers Infrastructure Fund by 1,023.1% during the 3rd quarter. Parallel Advisors LLC now owns 1,168 shares of the investment management company’s stock worth $29,000 after purchasing an additional 1,064 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new position in shares of Cohen & Steers Infrastructure Fund during the 4th quarter worth approximately $50,000. Cornerstone Planning Group LLC bought a new position in shares of Cohen & Steers Infrastructure Fund during the 4th quarter worth approximately $55,000. Geneos Wealth Management Inc. grew its stake in shares of Cohen & Steers Infrastructure Fund by 20.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock worth $61,000 after acquiring an additional 400 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Cohen & Steers Infrastructure Fund by 142.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,400 shares of the investment management company’s stock worth $84,000 after acquiring an additional 2,000 shares in the last quarter.

Cohen & Steers Infrastructure Fund Trading Up 0.8%

Cohen & Steers Infrastructure Fund stock traded up $0.21 on Tuesday, hitting $26.90. The company’s stock had a trading volume of 396,095 shares, compared to its average volume of 345,222. Cohen & Steers Infrastructure Fund has a one year low of $23.42 and a one year high of $27.35. The company has a fifty day moving average price of $26.48 and a 200-day moving average price of $25.56.

Cohen & Steers Infrastructure Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, June 9th. This represents a c) dividend on an annualized basis and a yield of 7.4%.

Cohen & Steers Infrastructure Fund Company Profile

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Cohen & Steers Infrastructure Fund, Inc (NYSE: UTF) is a closed-end management investment company that provides investors with exposure to global infrastructure assets. Listed on the New York Stock Exchange, the fund seeks to deliver total return through a combination of current income and capital appreciation. Since its inception in 2014, UTF has offered a vehicle for investors to access both equity and debt securities of companies operating in critical infrastructure sectors.

The fund’s portfolio is diversified across a range of infrastructure industries, including utilities, energy, transportation, and communications.

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