Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) Short Interest Update

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 81,116 shares, a growth of 1,728.6% from the December 31st total of 4,436 shares. Based on an average daily volume of 177,345 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 177,345 shares, the days-to-cover ratio is currently 0.5 days.

Highland Funds I – Highland Opportunities and Income Fund Stock Performance

HFRO stock opened at $6.21 on Thursday. Highland Funds I – Highland Opportunities and Income Fund has a 1-year low of $4.24 and a 1-year high of $6.83. The business has a 50 day simple moving average of $6.11 and a two-hundred day simple moving average of $6.13.

Highland Funds I – Highland Opportunities and Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 23rd will be given a dividend of $0.0385 per share. The ex-dividend date is Friday, January 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.

Institutional Trading of Highland Funds I – Highland Opportunities and Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of HFRO. Envestnet Asset Management Inc. boosted its holdings in shares of Highland Funds I – Highland Opportunities and Income Fund by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,822,324 shares of the company’s stock valued at $11,572,000 after purchasing an additional 95,314 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Highland Funds I – Highland Opportunities and Income Fund by 3.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,007,989 shares of the company’s stock worth $5,242,000 after buying an additional 29,430 shares in the last quarter. Matisse Capital boosted its stake in Highland Funds I – Highland Opportunities and Income Fund by 5.8% during the second quarter. Matisse Capital now owns 617,000 shares of the company’s stock valued at $3,208,000 after buying an additional 33,613 shares during the last quarter. Osaic Holdings Inc. boosted its stake in Highland Funds I – Highland Opportunities and Income Fund by 0.8% during the second quarter. Osaic Holdings Inc. now owns 307,417 shares of the company’s stock valued at $1,599,000 after buying an additional 2,393 shares during the last quarter. Finally, Choreo LLC grew its holdings in Highland Funds I – Highland Opportunities and Income Fund by 4.2% during the 4th quarter. Choreo LLC now owns 230,630 shares of the company’s stock valued at $1,390,000 after buying an additional 9,212 shares in the last quarter.

About Highland Funds I – Highland Opportunities and Income Fund

Highland Funds I – Highland Opportunities and Income Fund (NYSE: HFRO) is a diversified, closed-end management investment company designed to seek total return with an emphasis on current income. The fund pursues its objective by investing primarily in a broad range of credit instruments, including senior secured loans, high-yield corporate bonds, distressed debt and other special situation opportunities. In addition to its credit allocations, HFRO may also invest in equity securities, convertible instruments and derivative instruments to hedge risk or enhance yield.

Since commencing operations in 2006, Highland Opportunities and Income Fund has employed an opportunistic, value-oriented strategy to capitalize on market dislocations and mispriced assets.