Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) Short Interest Up 64.5% in November

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 30,600 shares, an increase of 64.5% from the October 31st total of 18,600 shares. Based on an average daily volume of 33,200 shares, the short-interest ratio is presently 0.9 days.

Cohen & Steers Select Preferred and Income Fund Price Performance

NYSE:PSF opened at $20.38 on Friday. The business has a fifty day simple moving average of $20.75 and a two-hundred day simple moving average of $20.19. Cohen & Steers Select Preferred and Income Fund has a 1 year low of $18.45 and a 1 year high of $21.60.

Cohen & Steers Select Preferred and Income Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th were paid a dividend of $0.126 per share. The ex-dividend date was Tuesday, October 15th. This represents a dividend yield of 7.24%.

Institutional Investors Weigh In On Cohen & Steers Select Preferred and Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Daymark Wealth Partners LLC increased its stake in shares of Cohen & Steers Select Preferred and Income Fund by 25.4% in the third quarter. Daymark Wealth Partners LLC now owns 24,700 shares of the company’s stock worth $530,000 after purchasing an additional 5,000 shares in the last quarter. WealthBridge Capital Management LLC increased its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 74.6% in the third quarter. WealthBridge Capital Management LLC now owns 25,860 shares of the company’s stock worth $554,000 after purchasing an additional 11,050 shares during the period. Shaker Financial Services LLC boosted its position in shares of Cohen & Steers Select Preferred and Income Fund by 118.4% during the 3rd quarter. Shaker Financial Services LLC now owns 81,753 shares of the company’s stock valued at $1,753,000 after acquiring an additional 44,327 shares during the last quarter. Raymond James & Associates grew its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 15.0% during the 2nd quarter. Raymond James & Associates now owns 106,251 shares of the company’s stock valued at $2,102,000 after purchasing an additional 13,883 shares during the last quarter. Finally, Baldwin Brothers LLC MA lifted its stake in Cohen & Steers Select Preferred and Income Fund by 11.2% in the second quarter. Baldwin Brothers LLC MA now owns 145,755 shares of the company’s stock worth $2,883,000 after purchasing an additional 14,688 shares during the last quarter.

Cohen & Steers Select Preferred and Income Fund Company Profile

Cohen & Steers Select Preferred and Income Fund, Inc is a closed ended fixed income mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the fixed income markets across the globe. It also invests some portion of its portfolio in other open-end funds, closed-end funds, or exchange traded funds that invest primarily in preferred and/or debt securities.