Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Sees Large Decline in Short Interest

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 146,419 shares, a drop of 24.5% from the December 31st total of 193,947 shares. Based on an average daily trading volume, of 282,161 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 282,161 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Wolverine Asset Management LLC purchased a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the 4th quarter worth $1,461,000. Calamos Advisors LLC grew its position in Neuberger Berman Real Estate Securities Income Fund by 32.1% during the fourth quarter. Calamos Advisors LLC now owns 217,718 shares of the company’s stock worth $662,000 after buying an additional 52,956 shares during the period. Absolute Investment Advisers LLC purchased a new position in Neuberger Berman Real Estate Securities Income Fund in the fourth quarter valued at about $108,000. Shaker Financial Services LLC lifted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 49.5% during the 4th quarter. Shaker Financial Services LLC now owns 119,089 shares of the company’s stock valued at $362,000 after acquiring an additional 39,409 shares during the period. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the 4th quarter worth approximately $79,000.

Neuberger Berman Real Estate Securities Income Fund Stock Up 0.3%

Neuberger Berman Real Estate Securities Income Fund stock traded up $0.01 during trading hours on Tuesday, reaching $2.98. 175,525 shares of the stock were exchanged, compared to its average volume of 281,397. Neuberger Berman Real Estate Securities Income Fund has a 52-week low of $2.75 and a 52-week high of $3.43. The firm’s 50 day moving average is $3.01 and its 200 day moving average is $3.13.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be given a $0.0312 dividend. The ex-dividend date is Tuesday, February 17th. This represents a c) dividend on an annualized basis and a yield of 12.6%.

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.