Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Update

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 71,600 shares, a decrease of 19.0% from the November 30th total of 88,400 shares. Based on an average trading volume of 71,300 shares, the short-interest ratio is currently 1.0 days.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 1.1 %

Shares of NYSE LDP traded down $0.22 during trading on Friday, hitting $20.25. 82,945 shares of the company traded hands, compared to its average volume of 77,932. The company has a 50-day moving average price of $20.97 and a 200-day moving average price of $20.58. Cohen & Steers Limited Duration Preferred and Income Fund has a 1 year low of $18.38 and a 1 year high of $21.87.

Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 11th will be given a dividend of $0.131 per share. This represents a $1.57 dividend on an annualized basis and a yield of 7.76%. The ex-dividend date of this dividend is Tuesday, March 11th.

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

Institutional investors have recently bought and sold shares of the business. Wolverine Asset Management LLC purchased a new position in Cohen & Steers Limited Duration Preferred and Income Fund in the 2nd quarter worth approximately $76,000. Ashton Thomas Private Wealth LLC acquired a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 2nd quarter valued at $125,000. Wilmington Savings Fund Society FSB purchased a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 3rd quarter worth $326,000. Caprock Group LLC acquired a new position in Cohen & Steers Limited Duration Preferred and Income Fund in the 3rd quarter worth $327,000. Finally, Prospera Financial Services Inc boosted its position in Cohen & Steers Limited Duration Preferred and Income Fund by 4.4% in the 3rd quarter. Prospera Financial Services Inc now owns 16,076 shares of the company’s stock valued at $350,000 after buying an additional 676 shares during the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Company Profile

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc is a diversified and closed-end management investment company, which invests in the preferred and other securities issued by the U.S. and non-U.S. companies. Its objective is to provide high current income and capital appreciation. The company was founded on May 5, 2012 and is headquartered in New York, NY.