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Highland Opportunities & Income Fund

corporate_fare Company Profile

Highland Opportunities & Income Fund

HFRO·NYSE·Unknown·CIK 0001710680

Highland Funds I - Highland Opportunities and Income Fund is a closed-ended fixed income mutual fund managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets globally, primarily focusing on floating rate loans and other floating rate investments. It emphasizes adjustable rate senior loans to corporations and partnerships. The fund seeks to invest in below investment grade securities and also utilizes derivatives. Its performance is benchmarked against the Credit Suisse Leveraged Loan Index. The fund was formed on January 13, 2000, and is domiciled in the United States.

Highland Opportunities & Income Fund (NYSE:HFRO) is a publicly traded company in the Unknown sector. Wiseek has independently scored 6 items for HFRO at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-07-29, rated 8/10. Across its 6 most recent items scored 7 or higher, the top rating is 9/10, with 6 rated 8 or above. Recent SEC coverage for HFRO spans SCHEDULE 13D/A, 8-K.

Recent high-impact activity:

  • Dondero Group Boosts HFRO Stake to 9.6% Amid $100M Buyback, Challenging Saba
  • $100M Share Buyback Program Announced by Highland Opportunities & Income Fund
  • Activist Investor Saba Capital Boosts Stake in Highland Opportunities & Income Fund
  • Activist Saba Capital Discloses 9.4% Stake in HFRO, Reports Recent Share Purchases
  • Controlling Shareholder Group Increases Stake by Over $3.3 Million

Short Interest & Short Volume

1.00 days to cover

FINRA reported short interest of 13,436 shares in HFRO as of the September 15, 2026 settlement, a 149.4% increase from the prior period — about 1.0 days to cover at its recent average daily volume. On October 2, 2026, 34.4% of HFRO volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)13,436 shares as of September 15, 2026
Change vs prior period▲ 149.4%
Days to cover1.00 at avg daily volume of 91,484
Daily short volume (FINRA facilities)34.4% of 48,879 shares on October 2, 2026
5-day average short volume44.3%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

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$6.83
52-week range · as of 2026-07-29 $5.19 – $7.69
Market cap
$373.25M
Volume
59K (0.6× avg)
3-mo avg 91.1K
Live data · 2026-10-05 02:49 UTC · Market closed

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feed HFRO - Latest Insights

HFRO
Jul 29, 2026, 4:46 PM EDT
Filing Type: SCHEDULE 13D/A
Importance Score:
8
Price at Filing: $7.34
Real-time Price: $6.83 info
Change: -$0.510 (-7%) info
Market Cap: $373.246M info
HFRO
Jun 09, 2026, 9:00 AM EDT
Source: Dow Jones Newswires
Importance Score:
9
Price at Filing: $6.67
Real-time Price: $6.83 info
Change: +$0.160 (+2%) info
Market Cap: $373.246M info
HFRO
Jun 04, 2026, 5:01 PM EDT
Filing Type: SCHEDULE 13D/A
Importance Score:
8
Price at Filing: $6.73
Real-time Price: $6.83 info
Change: +$0.100 (+1%) info
Market Cap: $373.246M info
HFRO
Apr 14, 2026, 7:59 PM EDT
Filing Type: SCHEDULE 13D/A
Importance Score:
8
Price at Filing: $5.85
Real-time Price: $6.83 info
Change: +$0.980 (+17%) info
Market Cap: $373.246M info
HFRO
Apr 01, 2026, 6:25 PM EDT
Filing Type: SCHEDULE 13D/A
Importance Score:
9
Price at Filing: $5.69
Real-time Price: $6.83 info
Change: +$1.14 (+20%) info
Market Cap: $373.246M info
HFRO
Jan 28, 2026, 1:46 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $6.21
Real-time Price: $6.83 info
Change: +$0.6246 (+10%) info
Market Cap: $373.246M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets