Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 61,179 shares, a decrease of 52.0% from the September 15th total of 127,589 shares. Based on an average daily trading volume, of 463,240 shares, the days-to-cover ratio is presently 0.1 days.
Cohen & Steers Infrastructure Fund Stock Up 0.2%
NYSE UTF traded up $0.05 on Thursday, hitting $25.57. 272,110 shares of the company were exchanged, compared to its average volume of 322,888. The stock has a fifty day moving average of $26.02 and a 200-day moving average of $26.67. Cohen & Steers Infrastructure Fund has a 12 month low of $23.42 and a 12 month high of $28.11.
Hedge Funds Weigh In On Cohen & Steers Infrastructure Fund
A number of hedge funds have recently added to or reduced their stakes in UTF. Paralel Advisors LLC purchased a new position in Cohen & Steers Infrastructure Fund during the 2nd quarter valued at about $75,872,000. Royal Bank of Canada increased its position in shares of Cohen & Steers Infrastructure Fund by 3.5% during the first quarter. Royal Bank of Canada now owns 936,075 shares of the investment management company’s stock valued at $24,225,000 after buying an additional 32,064 shares during the period. Bank of America Corp DE lifted its holdings in shares of Cohen & Steers Infrastructure Fund by 6.7% in the first quarter. Bank of America Corp DE now owns 897,160 shares of the investment management company’s stock worth $23,218,000 after buying an additional 56,434 shares in the last quarter. C2C Wealth Management LLC lifted its holdings in shares of Cohen & Steers Infrastructure Fund by 6.2% in the first quarter. C2C Wealth Management LLC now owns 277,370 shares of the investment management company’s stock worth $7,178,000 after buying an additional 16,300 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in shares of Cohen & Steers Infrastructure Fund by 40.3% in the first quarter. Kestra Advisory Services LLC now owns 238,551 shares of the investment management company’s stock worth $6,174,000 after buying an additional 68,542 shares in the last quarter.
About Cohen & Steers Infrastructure Fund
Cohen & Steers Infrastructure Fund, Inc is a closed-end investment fund listed on the New York Stock Exchange under the symbol UTF. The fund seeks to provide a combination of current income and capital appreciation by investing primarily in infrastructure-related securities.
The fund focuses on companies and issuers involved in essential infrastructure industries, including utilities, energy infrastructure, transportation, communications and related services. Its portfolio may include common stocks, preferred securities, bonds and other income-producing investments issued by infrastructure businesses in the United States and international markets.
Cohen & Steers Infrastructure Fund is managed by Cohen & Steers Capital Management, an investment manager specializing in real assets, including infrastructure, real estate and natural-resource companies.
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