(HFRO) Highland Opportunities - Ratings and Ratios

The Highland Floating Rate Opportunities Fund (NYSE:HFRO) is a U.S.-based closed-end investment fund focused on the bank loan sector. It primarily invests in senior floating-rate loans and other secured debt instruments, targeting income generation while managing credit risk. The funds strategy emphasizes exposure to variable-rate debt, which can benefit from rising interest rates. HFRO is structured as a closed-end fund, allowing it to invest in less liquid assets while providing liquidity to shareholders through its NYSE listing.

As of the latest data, HFRO has an average 20-day trading volume of 340,463 shares, indicating moderate liquidity. The funds last price was $4.96, below its short- and long-term moving averages (SMA 20: $5.27, SMA 50: $5.49, SMA 200: $5.58), suggesting bearish momentum. The Average True Range (ATR) of 0.11 reflects low volatility in recent trading. With assets under management (AUM) of $578.91 million, HFRO is a mid-sized fund in the bank loan category, providing diversification across a range of senior secured loans.