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 significant decline in short interest in December. As of December 15th, there was short interest totalling 28,600 shares, a decline of 34.3% from the November 30th total of 43,500 shares. Based on an average daily volume of 315,000 shares, the short-interest ratio is currently 0.1 days.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Legacy Investment Solutions LLC bought a new position in Highland Funds I – Highland Opportunities and Income Fund in the 3rd quarter worth $32,000. Concorde Asset Management LLC grew its position in shares of Highland Funds I – Highland Opportunities and Income Fund by 37.7% in the third quarter. Concorde Asset Management LLC now owns 58,300 shares of the company’s stock valued at $357,000 after purchasing an additional 15,950 shares during the last quarter. Landscape Capital Management L.L.C. increased its stake in shares of Highland Funds I – Highland Opportunities and Income Fund by 47.6% in the third quarter. Landscape Capital Management L.L.C. now owns 1,351,451 shares of the company’s stock worth $8,284,000 after purchasing an additional 435,572 shares during the period. Arlington Capital Management Inc. lifted its position in shares of Highland Funds I – Highland Opportunities and Income Fund by 20.7% during the 3rd quarter. Arlington Capital Management Inc. now owns 83,054 shares of the company’s stock worth $509,000 after purchasing an additional 14,257 shares during the last quarter. Finally, Jackson Wealth Management LLC acquired a new position in shares of Highland Funds I – Highland Opportunities and Income Fund during the 3rd quarter worth about $81,000.

Highland Funds I – Highland Opportunities and Income Fund Stock Performance

Shares of NYSE HFRO opened at $5.16 on Friday. Highland Funds I – Highland Opportunities and Income Fund has a one year low of $5.16 and a one year high of $7.98. The business’s 50-day moving average price is $5.57 and its two-hundred day moving average price is $5.91.

Highland Funds I – Highland Opportunities and Income Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 24th will be issued a dividend of $0.0385 per share. This is a positive change from Highland Funds I – Highland Opportunities and Income Fund’s previous monthly dividend of $0.04. The ex-dividend date of this dividend is Tuesday, December 24th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 8.95%.

About Highland Funds I – Highland Opportunities and Income Fund

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.