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 target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 43,149 shares, a decline of 33.4% from the February 12th total of 64,836 shares. Based on an average trading volume of 120,989 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 120,989 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Highland Funds I – Highland Opportunities and Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of HFRO. Bank of America Corp DE purchased a new stake in shares of Highland Funds I – Highland Opportunities and Income Fund during the 4th quarter valued at approximately $100,000. Cetera Investment Advisers grew its stake in Highland Funds I – Highland Opportunities and Income Fund by 8.3% in the 2nd quarter. Cetera Investment Advisers now owns 70,716 shares of the company’s stock valued at $368,000 after buying an additional 5,424 shares in the last quarter. Kingsview Wealth Management LLC grew its stake in Highland Funds I – Highland Opportunities and Income Fund by 8.6% in the 2nd quarter. Kingsview Wealth Management LLC now owns 29,091 shares of the company’s stock valued at $151,000 after buying an additional 2,300 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Highland Funds I – Highland Opportunities and Income Fund by 3.5% during the 2nd quarter. NewEdge Advisors LLC now owns 121,872 shares of the company’s stock valued at $634,000 after acquiring an additional 4,139 shares during the period. Finally, Geneos Wealth Management Inc. raised its holdings in Highland Funds I – Highland Opportunities and Income Fund by 3.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,007,989 shares of the company’s stock valued at $5,242,000 after acquiring an additional 29,430 shares during the period.

Highland Funds I – Highland Opportunities and Income Fund Stock Down 1.6%

HFRO traded down $0.10 during midday trading on Friday, reaching $5.80. The company had a trading volume of 112,095 shares, compared to its average volume of 122,053. Highland Funds I – Highland Opportunities and Income Fund has a 12-month low of $4.24 and a 12-month high of $6.83. The business has a 50-day moving average price of $6.20 and a two-hundred day moving average price of $6.26.

Highland Funds I – Highland Opportunities and Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th will be paid a $0.0385 dividend. The ex-dividend date is Tuesday, March 24th. This represents a c) annualized dividend and a yield of 8.0%.

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.