HFRO-A Stock Summary and Trading Ideas (Highland Opportunities and Income Fund 5.375% Series A Cumulative Preferred Shares | NYSE:HFRO-A)

Highland Opportunities and Income Fund 5.375% Series A Cumulative Preferred Shares trades on the NYSE stock market under the symbol HFRO-A.

As of April 24, 2024, HFRO-A stock price was flat at $19.49 with 11,651 million shares trading.

HFRO-A has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

In the last 3 years, HFRO-A stock traded as high as $27.05 and as low as $16.62.

HFRO-A stock has underperformed the market in the last year with a return of +2.6%, while SPY returned +24.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in HFRO-A shares. However, HFRO-A has outperformed the market in the last 3 month and 2 week periods, returning +5.8% and +0.7%, while SPY returned +4.5% and -1.7%, respectively. This indicates HFRO-A has been having a stronger performance recently.

HFRO-A support price is $19.29 and resistance is $19.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HFRO-A stock will trade within this expected range on the day.