RMR Real Estate Income Fund (NYSE:RIF) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 210,967 shares, an increase of 2,255.1% from the August 15th total of 8,958 shares. Approximately 3.0% of the shares of the company are sold short. Based on an average daily trading volume, of 77,090 shares, the short-interest ratio is currently 2.7 days.

A number of institutional investors have recently bought and sold shares of the stock. Doliver Capital Advisors LP grew its holdings in RMR Real Estate Income Fund by 2.2% during the second quarter. Doliver Capital Advisors LP now owns 37,970 shares of the company’s stock worth $830,000 after acquiring an additional 805 shares during the period. MML Investors Services LLC grew its holdings in RMR Real Estate Income Fund by 2.8% during the second quarter. MML Investors Services LLC now owns 56,270 shares of the company’s stock worth $1,230,000 after acquiring an additional 1,513 shares during the period. Deschutes Portfolio Strategy LLC grew its holdings in RMR Real Estate Income Fund by 0.7% during the second quarter. Deschutes Portfolio Strategy LLC now owns 357,300 shares of the company’s stock worth $7,807,000 after acquiring an additional 2,500 shares during the period. Wells Fargo & Company MN grew its holdings in RMR Real Estate Income Fund by 4.2% during the second quarter. Wells Fargo & Company MN now owns 289,442 shares of the company’s stock worth $6,324,000 after acquiring an additional 11,575 shares during the period. Finally, Advisory Alpha LLC acquired a new stake in RMR Real Estate Income Fund during the second quarter worth about $1,297,000.

RMR Real Estate Income Fund (RIF) opened at 19.7993 on Friday. The stock’s 50 day moving average price is $20.43 and its 200-day moving average price is $20.49. RMR Real Estate Income Fund has a 52-week low of $18.02 and a 52-week high of $22.11.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, September 7th will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 6.67%. The ex-dividend date is Wednesday, September 6th.

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About RMR Real Estate Income Fund

RMR Real Estate Income Fund (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to earn and pay a high level of current income to its common shareholders. The Fund’s secondary investment objective is capital appreciation. It pursues its investment objectives by investing in securities issued by real estate companies, including real estate investment trusts (REITs).

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