Short Interest in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Increases By 94.0%

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 147,435 shares, a growth of 94.0% from the June 15th total of 76,007 shares. Based on an average trading volume of 400,497 shares, the short-interest ratio is currently 0.4 days.

Neuberger Berman Real Estate Securities Income Fund Trading Up 0.7%

Shares of Neuberger Berman Real Estate Securities Income Fund stock opened at $3.06 on Friday. The company’s fifty day simple moving average is $3.00 and its 200-day simple moving average is $3.00. Neuberger Berman Real Estate Securities Income Fund has a 1-year low of $2.74 and a 1-year high of $3.37.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $0.0312 dividend. This represents a c) dividend on an annualized basis and a yield of 12.2%. The ex-dividend date of this dividend is Wednesday, July 15th.

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

Several institutional investors and hedge funds have recently bought and sold shares of NRO. Absolute Investment Advisers LLC raised its position 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 valued at $4,080,000 after purchasing an additional 1,400,984 shares during the period. Wolverine Asset Management LLC bought a new position in Neuberger Berman Real Estate Securities Income Fund in the 4th quarter worth $1,461,000. Kanen Wealth Management LLC bought a new position in Neuberger Berman Real Estate Securities Income Fund in the 4th quarter worth $584,000. Calamos Advisors LLC increased its stake in 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 worth $1,008,000 after buying an additional 137,195 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in Neuberger Berman Real Estate Securities Income Fund by 158.8% in the 1st quarter. Private Advisor Group LLC now owns 167,643 shares of the company’s stock worth $476,000 after buying an additional 102,872 shares in the last quarter.

Neuberger Berman Real Estate Securities Income Fund Company Profile

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.