Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Short Interest Update

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NROGet Free Report) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 68,011 shares, a decline of 53.6% from the January 15th total of 146,419 shares. Based on an average trading volume of 263,435 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 263,435 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. bought a new position in Neuberger Berman Real Estate Securities Income Fund in the third quarter worth approximately $33,000. XTX Topco Ltd acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund during the second quarter worth approximately $34,000. Fingerlakes Wealth Management Inc. acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund during the second quarter worth approximately $42,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter worth $48,000. Finally, Integrity Advisory Solutions LLC acquired a new stake in Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter valued at $53,000.

Neuberger Berman Real Estate Securities Income Fund Stock Up 1.0%

NYSEAMERICAN NRO traded up $0.03 on Friday, hitting $3.11. 395,496 shares of the company were exchanged, compared to its average volume of 275,083. The stock has a fifty day moving average of $3.01 and a 200-day moving average of $3.13. Neuberger Berman Real Estate Securities Income Fund has a 12 month low of $2.75 and a 12 month high of $3.43.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be given a dividend of $0.0312 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date of this dividend is Tuesday, February 17th.

About Neuberger Berman Real Estate Securities Income Fund

(Get Free Report)

Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) is a closed-end management investment company organized as a Massachusetts business trust. Listed on the NYSE American exchange, the fund seeks to provide shareholders with high current income and the potential for capital appreciation through an actively managed portfolio of real estate securities. Its structure allows investors to access a diversified pool of real estate assets within a single investment vehicle.

The fund’s primary investment focus is on equity real estate investment trusts (REITs), real estate operating companies and other real estate–related securities.

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