Highland Funds I – Highland Income Fund (NYSE:HFRO) does about 176.20K shares in volume on a normal day but saw 261987 shares change hands in Friday trading. The company now has a market cap of 693.40M USD. Its current market price is $10.19, marking a decrease of -2.67% compared to the previous close of $10.47. The 52 week high reached by this stock is $12.26 whilst the lowest price level in 52 weeks is $9.47.
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Highland Funds I – Highland Income Fund (HFRO) has a 20-day trading average at $10.55 and the current price is -16.88% off the 52-week high compared with 7.60% distance from its 52-week low. The 50-day simple moving average of the closing price is $10.60 and its 200-day simple moving average is $11.13. If we look at the stock’s price movements over the week, volatility stands at 1.29%, which increases to 1.37% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 33.24 to suggest the stock is neutral.
The current price level is -3.53%, -4.01%, and -8.55% away from its SMA20, SMA50, and SMA200 respectively, with the HFRO price moving above the 50-day SMA on February 17. Highland Funds I – Highland Income Fund (HFRO) stock is down -3.69% over the week and -3.96% over the past month. Its price is -1.07% year-to-date and -12.53% over the past year.
Outstanding shares total 68.05M with insiders holding 0.00% of the shares and institutional holders owning 70.01% of the company’s common stock. The price to earnings ratio (P/E ratio) amounts to 4.16.
According to a U.S. Securities and Exchange Commission filing, Matisse Discounted Closed End Fun has added its position in Highland Funds I – Highland Income Fund (HFRO) to 1,377,000 shares, mirroring a recent increase by 29.30%. Matisse Discounted Closed End Fun added 0.31 million shares of Highland Funds I – Highland Income Fund common stock bringing its total worth to about $14.67 million at the end of recent close, SEC documents show. Amplify High Income ETF raise their holdings by 0.35% in the company over the course of the most recent quarter. It now holds a 1.11% position in Highland Funds I – Highland Income Fund thanks to 0.76 million shares amounting to $8.07 million.
