Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) Short Interest Update

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 8,848 shares, a growth of 898.6% from the February 26th total of 886 shares. Based on an average daily volume of 45,042 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 45,042 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Cohen & Steers Select Preferred and Income Fund

Hedge funds have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. boosted its stake in Cohen & Steers Select Preferred and Income Fund by 30.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 12,690 shares of the company’s stock valued at $257,000 after purchasing an additional 2,946 shares during the last quarter. Pettinga Financial Advisors LLC bought a new position in shares of Cohen & Steers Select Preferred and Income Fund during the fourth quarter valued at $592,000. Marex Group plc bought a new position in shares of Cohen & Steers Select Preferred and Income Fund during the fourth quarter valued at $316,000. Glaxis Capital Management LLC purchased a new stake in shares of Cohen & Steers Select Preferred and Income Fund during the fourth quarter valued at $913,000. Finally, LPL Financial LLC boosted its position in shares of Cohen & Steers Select Preferred and Income Fund by 2.1% during the fourth quarter. LPL Financial LLC now owns 82,126 shares of the company’s stock valued at $1,666,000 after buying an additional 1,704 shares during the last quarter.

Cohen & Steers Select Preferred and Income Fund Stock Down 0.8%

Cohen & Steers Select Preferred and Income Fund stock traded down $0.17 during trading hours on Tuesday, hitting $19.39. The stock had a trading volume of 16,488 shares, compared to its average volume of 35,559. Cohen & Steers Select Preferred and Income Fund has a 12-month low of $17.93 and a 12-month high of $21.20. The stock’s 50-day moving average price is $20.24 and its 200-day moving average price is $20.46.

About Cohen & Steers Select Preferred and Income Fund

Cohen & Steers Select Preferred and Income Fund (NYSE: PSF) is a closed-end management investment company that seeks to provide shareholders with a high level of current income and the potential for capital appreciation. The fund trades on the New York Stock Exchange and offers investors exposure to a diversified portfolio of preferred and other hybrid securities, combining the liquidity of an exchange-traded vehicle with a specialized income strategy.

The fund’s primary business activity is investing in preferred stocks, bank capital instruments, trust preferreds and other hybrid capital structures issued by U.S.