Short Interest in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) Decreases By 51.3%

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) saw a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 15,500 shares, a decrease of 51.3% from the January 31st total of 31,800 shares. Based on an average daily trading volume, of 48,400 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Cohen & Steers Closed-End Opportunity Fund

Several hedge funds have recently made changes to their positions in FOF. Cetera Investment Advisers boosted its holdings in Cohen & Steers Closed-End Opportunity Fund by 4.5% in the fourth quarter. Cetera Investment Advisers now owns 22,112 shares of the company’s stock valued at $281,000 after purchasing an additional 946 shares during the period. Private Advisor Group LLC raised its holdings in Cohen & Steers Closed-End Opportunity Fund by 2.5% during the third quarter. Private Advisor Group LLC now owns 67,092 shares of the company’s stock worth $872,000 after purchasing an additional 1,650 shares in the last quarter. Level Four Advisory Services LLC lifted its position in shares of Cohen & Steers Closed-End Opportunity Fund by 16.3% during the 4th quarter. Level Four Advisory Services LLC now owns 11,944 shares of the company’s stock worth $152,000 after buying an additional 1,672 shares during the last quarter. Kapstone Financial Advisors LLC lifted its position in Cohen & Steers Closed-End Opportunity Fund by 17.2% in the third quarter. Kapstone Financial Advisors LLC now owns 13,650 shares of the company’s stock valued at $177,000 after acquiring an additional 2,000 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its holdings in shares of Cohen & Steers Closed-End Opportunity Fund by 19.3% in the 4th quarter. EP Wealth Advisors LLC now owns 17,016 shares of the company’s stock valued at $216,000 after purchasing an additional 2,750 shares during the last quarter.

Cohen & Steers Closed-End Opportunity Fund Price Performance

Shares of FOF traded up $0.04 during trading on Monday, reaching $12.39. 46,908 shares of the company traded hands, compared to its average volume of 47,728. The stock has a 50-day simple moving average of $12.65 and a 200-day simple moving average of $12.78. Cohen & Steers Closed-End Opportunity Fund has a twelve month low of $11.00 and a twelve month high of $13.39.

Cohen & Steers Closed-End Opportunity Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were given a dividend of $0.087 per share. The ex-dividend date was Tuesday, January 14th. This represents a dividend yield of 8.25%.

About Cohen & Steers Closed-End Opportunity Fund

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.