Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) Short Interest Down 97.3% in August

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) saw a large decrease in short interest during the month of August. As of August 15th, there was short interest totaling 1,200 shares, adecreaseof97.3% from the July 31st total of 44,000 shares. Based on an average daily volume of 99,600 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 99,600 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. grew its holdings in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 1,274.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,319 shares of the company’s stock valued at $26,000 after buying an additional 1,223 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 5.7% in the 1st quarter. NewEdge Advisors LLC now owns 23,811 shares of the company’s stock valued at $463,000 after buying an additional 1,277 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 3.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 51,234 shares of the company’s stock valued at $996,000 after buying an additional 1,754 shares during the last quarter. RFG Advisory LLC grew its holdings in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 11.7% in the 1st quarter. RFG Advisory LLC now owns 23,891 shares of the company’s stock valued at $464,000 after buying an additional 2,496 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB acquired a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the 2nd quarter valued at approximately $57,000.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Stock Performance

PTA stock traded up $0.03 during mid-day trading on Tuesday, hitting $20.21. The stock had a trading volume of 182,313 shares, compared to its average volume of 111,504. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a 1-year low of $17.40 and a 1-year high of $21.28. The company has a fifty day moving average of $20.01 and a 200 day moving average of $19.52.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, August 29th. Shareholders of record on Tuesday, August 12th were given a $0.134 dividend. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date of this dividend was Tuesday, August 12th.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Company Profile

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund is a close-end fixed income mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in fixed income markets of global region. The fund invests directly and through derivates in preferred stock and debt securities, floating-rate and fixed-to-floating-rate preferred securities, fixed- and floating-rate corporate debt securities, convertible securities, contingent capital securities that are rated BBB- or above by S&P.