Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) Short Interest Update

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 4,436 shares, a growth of 53.1% from the December 15th total of 2,898 shares. Based on an average daily volume of 213,444 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 213,444 shares, the days-to-cover ratio is currently 0.0 days.

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

Several institutional investors and hedge funds have recently made changes to their positions in HFRO. Bank of America Corp DE acquired a new stake in Highland Funds I – Highland Opportunities and Income Fund during the 4th quarter worth approximately $100,000. Park Avenue Securities LLC increased its position in Highland Funds I – Highland Opportunities and Income Fund by 0.9% during the second quarter. Park Avenue Securities LLC now owns 222,769 shares of the company’s stock worth $1,158,000 after acquiring an additional 1,912 shares during the period. Arlington Capital Management Inc. raised its stake in Highland Funds I – Highland Opportunities and Income Fund by 95.2% in the 2nd quarter. Arlington Capital Management Inc. now owns 175,047 shares of the company’s stock worth $910,000 after purchasing an additional 85,373 shares in the last quarter. Abel Hall LLC bought a new stake in Highland Funds I – Highland Opportunities and Income Fund in the 2nd quarter valued at about $104,000. Finally, Matisse Capital grew its position in shares of Highland Funds I – Highland Opportunities and Income Fund by 5.8% during the 2nd quarter. Matisse Capital now owns 617,000 shares of the company’s stock worth $3,208,000 after purchasing an additional 33,613 shares in the last quarter.

Highland Funds I – Highland Opportunities and Income Fund Price Performance

Shares of NYSE:HFRO traded up $0.06 on Friday, hitting $6.34. The company had a trading volume of 45,788 shares, compared to its average volume of 165,363. The stock has a 50 day moving average price of $6.12 and a 200 day moving average price of $6.07. Highland Funds I – Highland Opportunities and Income Fund has a 1-year low of $4.24 and a 1-year high of $6.83.

Highland Funds I – Highland Opportunities and Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 23rd will be issued a $0.0385 dividend. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend is Friday, January 23rd.

Highland Funds I – Highland Opportunities and Income Fund Company Profile

Highland Funds I – Highland Opportunities and Income Fund (NYSE: HFRO) is a diversified, closed-end management investment company designed to seek total return with an emphasis on current income. The fund pursues its objective by investing primarily in a broad range of credit instruments, including senior secured loans, high-yield corporate bonds, distressed debt and other special situation opportunities. In addition to its credit allocations, HFRO may also invest in equity securities, convertible instruments and derivative instruments to hedge risk or enhance yield.

Since commencing operations in 2006, Highland Opportunities and Income Fund has employed an opportunistic, value-oriented strategy to capitalize on market dislocations and mispriced assets.