Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU – Get Rating) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 8,000 shares, a drop of 14.0% from the November 30th total of 9,300 shares. Based on an average daily trading volume, of 39,400 shares, the short-interest ratio is presently 0.2 days.
Macquarie Global Infrastructure Total Return Fund Stock Performance
Shares of MGU traded up $0.24 during trading hours on Wednesday, hitting $22.95. The stock had a trading volume of 3,807 shares, compared to its average volume of 35,257. Macquarie Global Infrastructure Total Return Fund has a 1-year low of $18.83 and a 1-year high of $26.79. The firm has a 50 day simple moving average of $22.93 and a 200-day simple moving average of $22.90.
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Macquarie Global Infrastructure Total Return Fund Announces Dividend
The business also recently declared a monthly dividend, which was paid on Friday, December 30th. Shareholders of record on Friday, December 23rd were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, December 22nd. This represents a $1.56 dividend on an annualized basis and a yield of 6.80%.
Hedge Funds Weigh In On Macquarie Global Infrastructure Total Return Fund
Hedge funds have recently added to or reduced their stakes in the stock. Captrust Financial Advisors acquired a new position in Macquarie Global Infrastructure Total Return Fund during the 2nd quarter valued at about $25,000. FourThought Financial LLC boosted its stake in shares of Macquarie Global Infrastructure Total Return Fund by 185.2% in the 3rd quarter. FourThought Financial LLC now owns 2,105 shares of the investment management company's stock worth $40,000 after buying an additional 1,367 shares during the last quarter. Venture Visionary Partners LLC purchased a new position in shares of Macquarie Global Infrastructure Total Return Fund in the 2nd quarter worth approximately $84,000. Advisor Group Holdings Inc. boosted its stake in shares of Macquarie Global Infrastructure Total Return Fund by 9.3% in the 1st quarter. Advisor Group Holdings Inc. now owns 10,081 shares of the investment management company's stock worth $259,000 after buying an additional 857 shares during the last quarter. Finally, Envestnet Asset Management Inc. bought a new stake in shares of Macquarie Global Infrastructure Total Return Fund in the 1st quarter worth approximately $388,000.
Macquarie Global Infrastructure Total Return Fund Company Profile
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Macquarie Global Infrastructure Total Return Fund Inc is a closed-ended equity mutual fund launched and managed by Macquarie Fund Adviser, LLC. The fund invests in the public equity markets across the globe. It typically invests in companies operating in the infrastructure sector. Macquarie Global Infrastructure Total Return Fund Inc was formed on August 26, 2005 and is domiciled in the United States.
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