Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Update

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 57,161 shares, an increase of 150.9% from the May 31st total of 22,779 shares. Based on an average trading volume of 62,492 shares, the short-interest ratio is currently 0.9 days.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Up 0.3%

LDP stock traded up $0.06 on Tuesday, reaching $21.07. 47,257 shares of the company were exchanged, compared to its average volume of 67,589. Cohen & Steers Limited Duration Preferred and Income Fund has a 12 month low of $19.35 and a 12 month high of $22.05. The stock’s fifty day moving average price is $20.73 and its 200 day moving average price is $20.90.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a $0.131 dividend. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date is Tuesday, September 8th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Cetera Investment Advisers raised its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 3.3% in the 2nd quarter. Cetera Investment Advisers now owns 18,267 shares of the company’s stock worth $383,000 after buying an additional 587 shares in the last quarter. Oder Investment Management LLC boosted its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 0.8% in the 1st quarter. Oder Investment Management LLC now owns 74,570 shares of the company’s stock valued at $1,489,000 after buying an additional 601 shares in the last quarter. MAI Capital Management boosted its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 1.1% in the 3rd quarter. MAI Capital Management now owns 58,194 shares of the company’s stock valued at $1,261,000 after buying an additional 631 shares in the last quarter. WJ Financial Advisors LLC grew its position in Cohen & Steers Limited Duration Preferred and Income Fund by 1.2% in the fourth quarter. WJ Financial Advisors LLC now owns 53,364 shares of the company’s stock valued at $1,130,000 after acquiring an additional 650 shares during the period. Finally, Creative Planning raised its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 5.9% during the third quarter. Creative Planning now owns 12,070 shares of the company’s stock worth $262,000 after acquiring an additional 670 shares in the last quarter.

About Cohen & Steers Limited Duration Preferred and Income Fund

Cohen & Steers Limited Duration Preferred and Income Fund, Inc (NYSE: LDP) is a closed-end management investment company that seeks to provide investors with current income while managing interest-rate sensitivity. The fund primarily invests in a diversified portfolio of preferred securities and other income-producing instruments, combining yield potential with a strategy tailored to limit fluctuations in response to changing interest-rate environments.

Its investment approach focuses on preferred and hybrid securities issued by corporations across sectors such as financial institutions, utilities, real estate investment trusts (REITs) and other industries.