Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 70,100 shares, an increase of 20.2% from the March 31st total of 58,300 shares. Based on an average daily trading volume, of 181,100 shares, the short-interest ratio is presently 0.4 days.
Duff & Phelps Utility and Infrastructure Fund stock traded down $0.17 during trading hours on Tuesday, hitting $14.51. 254,739 shares of the stock were exchanged, compared to its average volume of 189,520. The business’s 50-day moving average is $13.74 and its two-hundred day moving average is $12.60. Duff & Phelps Utility and Infrastructure Fund has a 12 month low of $9.30 and a 12 month high of $14.80.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 30th. Stockholders of record on Tuesday, June 15th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 9.65%. The ex-dividend date is Monday, June 14th.
About Duff & Phelps Utility and Infrastructure Fund
Duff & Phelps Utility and Infrastructure Fund Inc is a closed-ended equity mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests in the public equity markets across the globe. The fund seeks to invest in the companies operating in utility sector.
Featured Article: What is the Book Value of a Share?
Receive News & Ratings for Duff & Phelps Utility and Infrastructure Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duff & Phelps Utility and Infrastructure Fund and related companies with MarketBeat.com's FREE daily email newsletter.