Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Short Interest Down 53.1% in May

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 45,144 shares, a decrease of 53.1% from the May 14th total of 96,228 shares. Based on an average daily trading volume, of 239,944 shares, the short-interest ratio is currently 0.2 days.

Neuberger Berman Real Estate Securities Income Fund Price Performance

Shares of Neuberger Berman Real Estate Securities Income Fund stock remained flat at $2.99 during trading hours on Friday. 199,826 shares of the stock were exchanged, compared to its average volume of 276,658. The business’s fifty day moving average is $2.99 and its 200 day moving average is $2.99. Neuberger Berman Real Estate Securities Income Fund has a one year low of $2.74 and a one year high of $3.37.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.0312 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.5%. The ex-dividend date is Monday, June 15th.

Hedge Funds Weigh In On Neuberger Berman Real Estate Securities Income Fund

A number of large investors have recently modified their holdings of the business. Absolute Investment Advisers LLC boosted its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 3,922.7% during the 1st quarter. Absolute Investment Advisers LLC now owns 1,436,699 shares of the company’s stock worth $4,080,000 after buying an additional 1,400,984 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 16.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 490,510 shares of the company’s stock valued at $1,584,000 after purchasing an additional 69,279 shares during the period. Wolverine Asset Management LLC bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the 4th quarter valued at about $1,461,000. Cornerstone Advisors LLC raised its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 3.2% in the 3rd quarter. Cornerstone Advisors LLC now owns 466,276 shares of the company’s stock valued at $1,506,000 after purchasing an additional 14,294 shares during the period. Finally, Calamos Advisors LLC raised its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 63.0% in the 1st quarter. Calamos Advisors LLC now owns 354,913 shares of the company’s stock valued at $1,008,000 after purchasing an additional 137,195 shares during the period.

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.