Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) Short Interest Update

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 25,329 shares, a decline of 45.1% from the July 30th total of 46,112 shares. Based on an average trading volume of 45,178 shares, the days-to-cover ratio is presently 0.6 days.

Cohen & Steers Closed-End Opportunity Fund Stock Performance

FOF stock traded down $0.17 during trading hours on Tuesday, hitting $13.45. The company’s stock had a trading volume of 32,086 shares, compared to its average volume of 70,506. The stock has a 50 day moving average price of $13.64 and a two-hundred day moving average price of $13.69. Cohen & Steers Closed-End Opportunity Fund has a 12 month low of $12.50 and a 12 month high of $15.04.

Cohen & Steers Closed-End Opportunity Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be paid a $0.087 dividend. This represents a c) annualized dividend and a dividend yield of 7.8%. The ex-dividend date of this dividend is Tuesday, September 8th.

Hedge Funds Weigh In On Cohen & Steers Closed-End Opportunity Fund

Institutional investors have recently bought and sold shares of the stock. Compass Financial Management LLC bought a new stake in shares of Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter worth about $41,000. JPMorgan Chase & Co. acquired a new stake in Cohen & Steers Closed-End Opportunity Fund in the 2nd quarter worth approximately $45,000. Highland Investment Advisors LLC acquired a new stake in Cohen & Steers Closed-End Opportunity Fund in the 2nd quarter worth approximately $52,000. Garton & Associates Financial Advisors LLC bought a new stake in Cohen & Steers Closed-End Opportunity Fund during the fourth quarter worth approximately $55,000. Finally, Principal Securities Inc. boosted its position in Cohen & Steers Closed-End Opportunity Fund by 7.6% during the fourth quarter. Principal Securities Inc. now owns 11,080 shares of the company’s stock worth $146,000 after purchasing an additional 787 shares during the period.

About Cohen & Steers Closed-End Opportunity Fund

Cohen & Steers Closed-End Opportunity Fund (NYSE: FOF) is a diversified, closed-end management investment company that seeks total return through a portfolio of publicly traded closed-end funds. The fund primarily targets taxable closed-end vehicles spanning equity, fixed income, and real estate investment strategies, aiming to capture discounts to net asset value and generate competitive current income over a full market cycle.

FOF’s investment approach combines sector allocation and relative-value analysis to select closed-end funds across domestic and international markets.