Short Interest in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) Decreases By 11.2%

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 77,500 shares, a decline of 11.2% from the October 31st total of 87,300 shares. Based on an average trading volume of 44,100 shares, the days-to-cover ratio is currently 1.8 days.

Institutional Trading of Cohen & Steers Closed-End Opportunity Fund

A number of hedge funds and other institutional investors have recently modified their holdings of FOF. J.W. Cole Advisors Inc. bought a new stake in Cohen & Steers Closed-End Opportunity Fund during the third quarter worth about $615,000. Commonwealth Equity Services LLC lifted its holdings in shares of Cohen & Steers Closed-End Opportunity Fund by 7.1% during the second quarter. Commonwealth Equity Services LLC now owns 419,457 shares of the company’s stock valued at $5,013,000 after purchasing an additional 27,639 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Cohen & Steers Closed-End Opportunity Fund by 24.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 109,165 shares of the company’s stock worth $1,419,000 after purchasing an additional 21,433 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 37.8% in the 2nd quarter. Private Advisor Group LLC now owns 65,442 shares of the company’s stock worth $782,000 after buying an additional 17,962 shares during the last quarter. Finally, Kapstone Financial Advisors LLC bought a new position in Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter valued at approximately $139,000.

Cohen & Steers Closed-End Opportunity Fund Trading Up 0.4 %

Shares of FOF traded up $0.05 on Friday, reaching $13.22. The stock had a trading volume of 31,055 shares, compared to its average volume of 50,060. Cohen & Steers Closed-End Opportunity Fund has a 12-month low of $10.82 and a 12-month high of $13.29. The company has a 50-day simple moving average of $12.98 and a 200-day simple moving average of $12.41.

Cohen & Steers Closed-End Opportunity Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, October 31st. Shareholders of record on Wednesday, October 16th were given a dividend of $0.087 per share. This represents a yield of 8.02%. The ex-dividend date was Tuesday, October 15th.

Cohen & Steers Closed-End Opportunity Fund Company Profile

Cohen & Steers Closed-End Opportunity Fund, Inc is a close-ended fund of funds launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies.