Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) Short Interest Down 25.2% in February

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) was the target of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 12,959 shares, a decline of 25.2% from the February 12th total of 17,332 shares. Based on an average daily volume of 122,025 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 122,025 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Duff & Phelps Utility and Infrastructure Fund

Several institutional investors have recently added to or reduced their stakes in DPG. GS Investments Inc. bought a new stake in Duff & Phelps Utility and Infrastructure Fund in the 3rd quarter worth $26,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Duff & Phelps Utility and Infrastructure Fund during the fourth quarter worth about $46,000. Colonial Trust Advisors bought a new stake in shares of Duff & Phelps Utility and Infrastructure Fund in the second quarter worth about $65,000. Cornerstone Advisors LLC bought a new stake in shares of Duff & Phelps Utility and Infrastructure Fund in the second quarter worth about $72,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in Duff & Phelps Utility and Infrastructure Fund during the 2nd quarter valued at about $129,000.

Duff & Phelps Utility and Infrastructure Fund Stock Performance

DPG stock traded up $0.10 during midday trading on Friday, hitting $14.31. The company had a trading volume of 91,925 shares, compared to its average volume of 101,464. Duff & Phelps Utility and Infrastructure Fund has a 52 week low of $10.45 and a 52 week high of $14.96. The stock’s 50 day moving average price is $13.81 and its 200 day moving average price is $13.21.

Duff & Phelps Utility and Infrastructure Fund Company Profile

The Duff & Phelps Utility and Infrastructure Fund Inc (NYSE: DPG) is a diversified, closed-end management investment company that seeks to provide investors with high current income and the potential for capital appreciation. The fund pursues its investment objectives primarily through equity and equity-related securities of companies engaged in the utility and infrastructure sectors, including regulated and non-regulated utilities, energy infrastructure, transportation, communications, water, and related businesses.

At least 80% of the fund’s total assets are invested in equity securities of utilities and infrastructure companies.