Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 68,011 shares, a decrease of 53.6% from the January 15th total of 146,419 shares. Based on an average daily volume of 263,435 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 263,435 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Investors Weigh In On Neuberger Berman Real Estate Securities Income Fund
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. grew its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 16.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 490,510 shares of the company’s stock worth $1,584,000 after purchasing an additional 69,279 shares during the period. Wolverine Asset Management LLC acquired a new position in Neuberger Berman Real Estate Securities Income Fund in the fourth quarter valued at about $1,461,000. Cornerstone Advisors LLC boosted its stake in Neuberger Berman Real Estate Securities Income Fund by 3.2% during the third quarter. Cornerstone Advisors LLC now owns 466,276 shares of the company’s stock worth $1,506,000 after buying an additional 14,294 shares during the period. LPL Financial LLC boosted its stake in Neuberger Berman Real Estate Securities Income Fund by 1.2% during the fourth quarter. LPL Financial LLC now owns 336,179 shares of the company’s stock worth $1,022,000 after buying an additional 4,144 shares during the period. Finally, NWF Advisory Services Inc. increased its position in shares of Neuberger Berman Real Estate Securities Income Fund by 63.5% during the third quarter. NWF Advisory Services Inc. now owns 278,206 shares of the company’s stock valued at $899,000 after acquiring an additional 108,000 shares during the last quarter.
Neuberger Berman Real Estate Securities Income Fund Price Performance
NYSEAMERICAN:NRO remained flat at $3.08 on Thursday. 144,443 shares of the company’s stock traded hands, compared to its average volume of 270,933. The stock has a fifty day moving average price of $3.01 and a two-hundred day moving average price 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 Dividend Announcement
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.
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