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Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) Short Interest Up 21.1% in January

Financial News Live ·  Jan 30, 2023 23:21

Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU – Get Rating) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 8,600 shares, a growth of 21.1% from the December 31st total of 7,100 shares. Based on an average daily volume of 36,500 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Macquarie Global Infrastructure Total Return Fund

A number of hedge funds have recently made changes to their positions in the business. 1607 Capital Partners LLC raised its stake in shares of Macquarie Global Infrastructure Total Return Fund by 0.6% in the 3rd quarter. 1607 Capital Partners LLC now owns 406,425 shares of the investment management company's stock worth $7,742,000 after buying an additional 2,500 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Macquarie Global Infrastructure Total Return Fund by 32.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 365,940 shares of the investment management company's stock valued at $8,314,000 after acquiring an additional 89,135 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Macquarie Global Infrastructure Total Return Fund by 0.9% during the 2nd quarter. Wells Fargo & Company MN now owns 333,055 shares of the investment management company's stock valued at $7,727,000 after purchasing an additional 2,974 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in Macquarie Global Infrastructure Total Return Fund by 14.4% during the third quarter. Advisors Asset Management Inc. now owns 304,223 shares of the investment management company's stock valued at $5,795,000 after purchasing an additional 38,239 shares during the last quarter. Finally, Royal Bank of Canada grew its position in Macquarie Global Infrastructure Total Return Fund by 2.2% in the third quarter. Royal Bank of Canada now owns 222,420 shares of the investment management company's stock worth $4,237,000 after buying an additional 4,863 shares during the last quarter.

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Macquarie Global Infrastructure Total Return Fund Price Performance

NYSE MGU traded down $0.22 during trading hours on Monday, hitting $23.99. The company had a trading volume of 22,775 shares, compared to its average volume of 30,272. Macquarie Global Infrastructure Total Return Fund has a fifty-two week low of $18.83 and a fifty-two week high of $26.79. The business has a fifty day simple moving average of $23.61 and a 200-day simple moving average of $23.04.

Macquarie Global Infrastructure Total Return Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 27th. Shareholders of record on Friday, January 20th were given a $0.13 dividend. This represents a $1.56 annualized dividend and a yield of 6.50%. The ex-dividend date of this dividend was Thursday, January 19th.

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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