LMP Capital and Income Fund Inc. (NYSE:SCD) Short Interest Down 16.6% in February

LMP Capital and Income Fund Inc. (NYSE:SCD) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 78,117 shares, a decrease of 16.6% from the January 29th total of 93,701 shares. Based on an average daily trading volume, of 51,891 shares, the short-interest ratio is presently 1.5 days. Based on an average daily trading volume, of 51,891 shares, the short-interest ratio is presently 1.5 days.

LMP Capital and Income Fund Trading Down 0.3%

SCD traded down $0.05 during trading hours on Wednesday, hitting $15.94. The stock had a trading volume of 48,017 shares, compared to its average volume of 81,867. LMP Capital and Income Fund has a 1 year low of $13.35 and a 1 year high of $16.89. The company’s fifty day simple moving average is $15.50 and its 200 day simple moving average is $15.25.

LMP Capital and Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be given a $0.12 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 9.0%.

Institutional Investors Weigh In On LMP Capital and Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Karpus Management Inc. purchased a new stake in shares of LMP Capital and Income Fund during the fourth quarter worth $44,000. Kestra Advisory Services LLC bought a new stake in shares of LMP Capital and Income Fund during the 4th quarter valued at $56,000. Blue Bell Private Wealth Management LLC purchased a new stake in LMP Capital and Income Fund during the 4th quarter worth about $116,000. Readystate Asset Management LP bought a new position in LMP Capital and Income Fund in the 4th quarter worth about $148,000. Finally, Aurora Private Wealth Inc. purchased a new position in LMP Capital and Income Fund during the 4th quarter valued at about $168,000.

LMP Capital and Income Fund Company Profile

LMP Capital & Income Fund (NYSE:SCD) is a diversified, closed-end management investment company organized as a Maryland corporation. The fund’s primary objective is to deliver total return through current income and capital appreciation. It is listed on the New York Stock Exchange and serves a broad base of retail and institutional investors seeking exposure to a mix of equity and income-producing assets.

The fund pursues its objective by investing predominantly in common stocks, debt securities and convertible instruments issued by U.S.