Neuberger Berman Real Estate Sec Inc Fd (NYSEAMERICAN:NRO) Sees Significant Growth in Short Interest

Neuberger Berman Real Estate Sec Inc Fd (NYSEAMERICAN:NRO) was the target of a significant increase in short interest during the month of December. As of December 29th, there was short interest totalling 292,394 shares, an increase of 55.6% from the December 15th total of 187,916 shares. Based on an average daily trading volume, of 167,269 shares, the short-interest ratio is currently 1.7 days.

Several large investors have recently modified their holdings of the stock. Ameriprise Financial Inc. lifted its position in Neuberger Berman Real Estate Sec Inc Fd by 130.8% during the second quarter. Ameriprise Financial Inc. now owns 24,551 shares of the company’s stock valued at $133,000 after purchasing an additional 13,913 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in Neuberger Berman Real Estate Sec Inc Fd by 1.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 31,125 shares of the company’s stock valued at $168,000 after purchasing an additional 518 shares during the last quarter. Advisor Group Inc. raised its stake in shares of Neuberger Berman Real Estate Sec Inc Fd by 8.1% in the second quarter. Advisor Group Inc. now owns 49,592 shares of the company’s stock valued at $268,000 after acquiring an additional 3,700 shares during the period. Doliver Capital Advisors LP raised its stake in shares of Neuberger Berman Real Estate Sec Inc Fd by 194.1% in the second quarter. Doliver Capital Advisors LP now owns 49,867 shares of the company’s stock valued at $271,000 after acquiring an additional 32,912 shares during the period. Finally, E&G Advisors LP purchased a new stake in shares of Neuberger Berman Real Estate Sec Inc Fd in the third quarter valued at $359,000.

Shares of Neuberger Berman Real Estate Sec Inc Fd (NRO) traded down $0.01 during midday trading on Wednesday, hitting $5.19. 510,083 shares of the stock were exchanged, compared to its average volume of 303,635. Neuberger Berman Real Estate Sec Inc Fd has a 1 year low of $5.07 and a 1 year high of $5.70.

The business also recently announced a monthly dividend, which will be paid on Wednesday, January 31st. Investors of record on Tuesday, January 16th will be given a dividend of $0.045 per share. The ex-dividend date of this dividend is Friday, January 12th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 10.40%.

TRADEMARK VIOLATION WARNING: “Neuberger Berman Real Estate Sec Inc Fd (NYSEAMERICAN:NRO) Sees Significant Growth in Short Interest” was originally posted by BBNS and is owned by of BBNS. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at https://baseballnewssource.com/markets/neuberger-berman-real-estate-sec-inc-fd-nro-short-interest-update/1823542.html.

About Neuberger Berman Real Estate Sec Inc Fd

Neuberger Berman Real Estate Securities Income Fund Inc is a non-diversified, closed-end management investment company. The Fund seeks to provide high current income with capital appreciation as a secondary objective. It has a portfolio with a mix of equity securities of real estate investment trusts (REITs) and other real estate companies.

Receive News & Ratings for Neuberger Berman Real Estate Sec Inc Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neuberger Berman Real Estate Sec Inc Fd and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Rumor: Milwaukee Brewers Offer Yu Darvish Contract
Rumor: Milwaukee Brewers Offer Yu Darvish Contract
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires


Leave a Reply

 
© 2006-2018 BBNS.