Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) Stock Short Interest Falls 52.0%

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 61,179 shares, a decline of 52.0% from the September 15th total of 127,589 shares. Based on an average trading volume of 463,240 shares, the days-to-cover ratio is presently 0.1 days.

Cohen & Steers Infrastructure Fund Trading Down 1.0%

NYSE:UTF traded down $0.26 during trading hours on Wednesday, reaching $25.48. The company had a trading volume of 277,413 shares, compared to its average volume of 323,142. The business’s 50-day simple moving average is $26.06 and its two-hundred day simple moving average is $26.67. Cohen & Steers Infrastructure Fund has a twelve month low of $23.42 and a twelve month high of $28.11.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. grew its stake in Cohen & Steers Infrastructure Fund by 17.9% in the third quarter. B. Riley Wealth Advisors Inc. now owns 13,659 shares of the investment management company’s stock valued at $337,000 after acquiring an additional 2,069 shares during the period. Farther Finance Advisors LLC raised its holdings in Cohen & Steers Infrastructure Fund by 9.0% during the third quarter. Farther Finance Advisors LLC now owns 17,780 shares of the investment management company’s stock worth $438,000 after buying an additional 1,474 shares during the last quarter. Venture Visionary Partners LLC lifted its stake in shares of Cohen & Steers Infrastructure Fund by 38.5% in the third quarter. Venture Visionary Partners LLC now owns 97,124 shares of the investment management company’s stock valued at $2,394,000 after buying an additional 27,000 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in shares of Cohen & Steers Infrastructure Fund during the second quarter worth about $270,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Cohen & Steers Infrastructure Fund during the second quarter worth about $256,000.

About Cohen & Steers Infrastructure Fund

Cohen & Steers Infrastructure Fund, Inc is a closed-end investment fund listed on the New York Stock Exchange under the symbol UTF. The fund seeks to provide a combination of current income and capital appreciation by investing primarily in infrastructure-related securities.

The fund focuses on companies and issuers involved in essential infrastructure industries, including utilities, energy infrastructure, transportation, communications and related services. Its portfolio may include common stocks, preferred securities, bonds and other income-producing investments issued by infrastructure businesses in the United States and international markets.

Cohen & Steers Infrastructure Fund is managed by Cohen & Steers Capital Management, an investment manager specializing in real assets, including infrastructure, real estate and natural-resource companies.