Short Interest in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Rises By 135.6%

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 193,947 shares, an increase of 135.6% from the December 15th total of 82,333 shares. Based on an average daily volume of 306,093 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 306,093 shares, the short-interest ratio is presently 0.6 days.

Neuberger Berman Real Estate Securities Income Fund Price Performance

Shares of NRO stock traded up $0.01 during trading hours on Friday, hitting $3.06. 101,062 shares of the company’s stock traded hands, compared to its average volume of 261,732. The stock’s 50 day simple moving average is $3.02 and its 200 day simple moving average is $3.16. Neuberger Berman Real Estate Securities Income Fund has a 12 month low of $2.75 and a 12 month high of $3.69.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be paid a dividend of $0.0312 per share. This represents a c) dividend on an annualized basis and a yield of 12.3%. The ex-dividend date of this dividend is Thursday, January 15th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. bought a new position in Neuberger Berman Real Estate Securities Income Fund during the third quarter worth $33,000. XTX Topco Ltd purchased a new stake in Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at about $34,000. Fingerlakes Wealth Management Inc. purchased a new position in Neuberger Berman Real Estate Securities Income Fund in the second quarter worth $42,000. Mercer Global Advisors Inc. ADV purchased a new position in Neuberger Berman Real Estate Securities Income Fund in the third quarter valued at about $48,000. Finally, Integrity Advisory Solutions LLC bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the third quarter valued at approximately $53,000.

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.