Brookfield Real Assets Income Fund Inc. (NYSE:RA) Shares Shorted: Short Interest Up 141.0% in October

Brookfield Real Assets Income Fund Inc. (NYSE:RA) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 110,532 shares, a growth of 141.0% from the September 30th total of 45,860 shares. Based on an average daily trading volume, of 325,454 shares, the short-interest ratio is presently 0.3 days.

Brookfield Real Assets Income Fund Price Performance

Shares of Brookfield Real Assets Income Fund stock traded down $0.01 during trading on Friday, hitting $11.74. 197,213 shares of the stock traded hands, compared to its average volume of 198,243. The firm’s fifty day moving average is $11.95 and its 200-day moving average is $12.67. Brookfield Real Assets Income Fund has a 52 week low of $11.41 and a 52 week high of $13.59.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, December 24th. Stockholders of record on Thursday, December 10th will be given a $0.1180 dividend. This represents a $1.42 dividend on an annualized basis and a dividend yield of 12.1%. The ex-dividend date of this dividend is Thursday, December 10th. Brookfield Real Assets Income Fund’s payout ratio is currently -1,390.91%.

Hedge Funds Weigh In On Brookfield Real Assets Income Fund

Several institutional investors have recently made changes to their positions in RA. Arlington Capital Management INC lifted its holdings in Brookfield Real Assets Income Fund by 4.1% during the third quarter. Arlington Capital Management INC now owns 64,654 shares of the company’s stock valued at $747,000 after purchasing an additional 2,555 shares in the last quarter. Shaker Financial Services LLC lifted its stake in shares of Brookfield Real Assets Income Fund by 107.5% during the 3rd quarter. Shaker Financial Services LLC now owns 76,063 shares of the company’s stock worth $879,000 after purchasing an additional 39,403 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in Brookfield Real Assets Income Fund in the second quarter worth $44,000. RFG Advisory LLC purchased a new stake in Brookfield Real Assets Income Fund during the 2nd quarter worth approximately $924,000. Finally, Rareview Capital LLC boosted its position in Brookfield Real Assets Income Fund by 9.7% in the second quarter. Rareview Capital LLC now owns 277,726 shares of the company’s stock valued at $3,713,000 after buying an additional 24,533 shares during the last quarter.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund (NYSE: RA) is a closed-end investment fund that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund invests in a diversified portfolio of securities connected to real assets, including real estate, infrastructure and natural resources.

Its investments may include debt and equity securities issued by companies and entities operating in real asset sectors, as well as preferred securities and other income-producing instruments.