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

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 193,947 shares, a growth of 135.6% from the December 15th total of 82,333 shares. Based on an average trading volume of 306,093 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 306,093 shares, the days-to-cover ratio is presently 0.6 days.

Neuberger Berman Real Estate Securities Income Fund Price Performance

Shares of NRO traded down $0.02 during midday trading on Thursday, hitting $3.05. The company had a trading volume of 316,170 shares, compared to its average volume of 282,117. The company’s 50 day moving average price is $3.02 and its 200 day moving average price is $3.16. Neuberger Berman Real Estate Securities Income Fund has a 52 week low of $2.75 and a 52 week high of $3.69.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be issued a $0.0312 dividend. This represents a c) annualized dividend and a yield of 12.3%. The ex-dividend date of this dividend is Thursday, January 15th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Advisors Asset Management Inc. bought a new stake in Neuberger Berman Real Estate Securities Income Fund during the second quarter valued at $1,356,000. Cornerstone Advisors LLC lifted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 27.2% in the 2nd quarter. Cornerstone Advisors LLC now owns 451,982 shares of the company’s stock worth $1,455,000 after buying an additional 96,613 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at about $467,000. Fingerlakes Wealth Management Inc. bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the 2nd quarter valued at about $42,000. Finally, Bank of America Corp DE raised its stake in Neuberger Berman Real Estate Securities Income Fund by 10.2% during the second quarter. Bank of America Corp DE now owns 203,439 shares of the company’s stock worth $655,000 after acquiring an additional 18,887 shares during the period.

About Neuberger Berman Real Estate Securities Income Fund

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.