Brookfield Real Assets Income Fund Inc. (NYSE:RA) Short Interest Up 47.3% in February

Brookfield Real Assets Income Fund Inc. (NYSE:RA) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 110,900 shares, a growth of 47.3% from the February 13th total of 75,300 shares. Based on an average trading volume of 213,900 shares, the days-to-cover ratio is currently 0.5 days.

Brookfield Real Assets Income Fund Price Performance

Shares of RA stock traded down $0.01 during trading hours on Monday, reaching $13.11. 206,109 shares of the stock were exchanged, compared to its average volume of 226,692. Brookfield Real Assets Income Fund has a 12-month low of $12.17 and a 12-month high of $13.77. The company’s 50-day moving average price is $13.35 and its 200-day moving average price is $13.41.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, February 20th. Stockholders of record on Friday, February 7th were paid a dividend of $0.118 per share. The ex-dividend date was Thursday, February 6th. This represents a dividend yield of 10.52%. Brookfield Real Assets Income Fund’s dividend payout ratio is -1,281.82%.

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

Several hedge funds and other institutional investors have recently modified their holdings of the business. Strategic Financial Concepts LLC bought a new stake in Brookfield Real Assets Income Fund during the 4th quarter valued at about $479,000. Oppenheimer & Co. Inc. bought a new stake in shares of Brookfield Real Assets Income Fund during the fourth quarter valued at approximately $171,000. SeaCrest Wealth Management LLC boosted its holdings in shares of Brookfield Real Assets Income Fund by 10.2% in the fourth quarter. SeaCrest Wealth Management LLC now owns 14,658 shares of the company’s stock valued at $195,000 after purchasing an additional 1,353 shares during the period. Private Advisor Group LLC grew its stake in Brookfield Real Assets Income Fund by 14.9% in the fourth quarter. Private Advisor Group LLC now owns 74,549 shares of the company’s stock worth $993,000 after purchasing an additional 9,676 shares in the last quarter. Finally, Noble Wealth Management PBC bought a new position in Brookfield Real Assets Income Fund in the fourth quarter worth approximately $1,858,000.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc The fund is co-managed by Schroder Investment Management North America Inc It invests in fixed income markets of the United States. The fund primarily invests in securities and other instruments of companies, which includes real estate securities, infrastructure securities, and natural resources securities.