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 recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 35,100 shares, a growth of 1,200.0% from the October 31st total of 2,700 shares. Based on an average daily volume of 260,800 shares, the days-to-cover ratio is currently 0.1 days.

Highland Funds I – Highland Opportunities and Income Fund Price Performance

Shares of HFRO traded up $0.05 during mid-day trading on Wednesday, reaching $5.86. The company’s stock had a trading volume of 288,380 shares, compared to its average volume of 290,723. Highland Funds I – Highland Opportunities and Income Fund has a 1 year low of $5.16 and a 1 year high of $8.93. The business has a fifty day moving average of $5.82 and a 200 day moving average of $6.04.

Highland Funds I – Highland Opportunities and Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 22nd will be given a dividend of $0.038 per share. This represents a $0.46 dividend on an annualized basis and a yield of 7.78%. The ex-dividend date is Friday, November 22nd.

Institutional Investors Weigh In On Highland Funds I – Highland Opportunities and Income Fund

A number of institutional investors have recently modified their holdings of HFRO. Blue Bell Private Wealth Management LLC increased its holdings in Highland Funds I – Highland Opportunities and Income Fund by 78.9% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 4,194 shares of the company’s stock valued at $26,000 after buying an additional 1,850 shares during the period. Legacy Investment Solutions LLC bought a new stake in Highland Funds I – Highland Opportunities and Income Fund in the third quarter valued at about $32,000. Asset Dedication LLC acquired a new position in Highland Funds I – Highland Opportunities and Income Fund in the second quarter worth about $37,000. Jackson Wealth Management LLC bought a new position in Highland Funds I – Highland Opportunities and Income Fund during the third quarter worth about $81,000. Finally, Leonard Rickey Investment Advisors P.L.L.C. acquired a new stake in Highland Funds I – Highland Opportunities and Income Fund during the second quarter valued at approximately $131,000.

Highland Funds I – Highland Opportunities and Income Fund Company Profile

Highland Funds I – Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships.