Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Get Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 56,900 shares, an increase of 183.1% from the August 31st total of 20,100 shares. Based on an average daily volume of 242,200 shares, the days-to-cover ratio is currently 0.2 days.
Institutional Investors Weigh In On Highland Funds I – Highland Opportunities and Income Fund
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Blue Bell Private Wealth Management LLC increased its stake in shares of 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. Asset Dedication LLC acquired a new stake in Highland Funds I – Highland Opportunities and Income Fund in the second quarter worth about $37,000. Nomura Holdings Inc. bought a new stake in Highland Funds I – Highland Opportunities and Income Fund during the 4th quarter worth about $84,000. Inscription Capital LLC bought a new stake in Highland Funds I – Highland Opportunities and Income Fund during the 1st quarter worth about $80,000. Finally, Leonard Rickey Investment Advisors P.L.L.C. acquired a new position in Highland Funds I – Highland Opportunities and Income Fund during the 2nd quarter valued at about $131,000.
Highland Funds I – Highland Opportunities and Income Fund Price Performance
Shares of HFRO stock traded up $0.05 during trading hours on Friday, hitting $6.13. 204,415 shares of the company’s stock were exchanged, compared to its average volume of 287,257. Highland Funds I – Highland Opportunities and Income Fund has a 52 week low of $5.71 and a 52 week high of $8.93. The stock’s 50-day moving average is $6.05 and its 200-day moving average is $6.28.
Highland Funds I – Highland Opportunities and Income Fund Increases Dividend
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.
Recommended Stories
- Five stocks we like better than Highland Funds I – Highland Opportunities and Income Fund
- Top Biotech Stocks: Exploring Innovation Opportunities
- Can Costco Stock Hit New Highs as Interest Rates Drop?
- 3 Grocery Stocks That Are Proving They Are Still Essential
- These 3 Stocks Show How to Navigate Declining Consumer Confidence
- Most active stocks: Dollar volume vs share volume
- MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?
Receive News & Ratings for Highland Funds I - Highland Opportunities and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highland Funds I - Highland Opportunities and Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.