Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Sees Significant Decrease in Short Interest

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totaling 41,303 shares, a decline of 73.3% from the March 15th total of 154,655 shares. Based on an average daily volume of 242,123 shares, the short-interest ratio is presently 0.2 days.

Neuberger Berman Real Estate Securities Income Fund Price Performance

NYSEAMERICAN:NRO remained flat at $2.99 during midday trading on Monday. The company had a trading volume of 159,574 shares, compared to its average volume of 289,633. Neuberger Berman Real Estate Securities Income Fund has a 1 year low of $2.74 and a 1 year high of $3.37. The company’s 50 day moving average price is $2.97 and its 200-day moving average price is $3.04.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be issued a dividend of $0.0312 per share. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a c) annualized dividend and a yield of 12.5%.

Institutional Investors Weigh In On Neuberger Berman Real Estate Securities Income Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. raised its holdings in Neuberger Berman Real Estate Securities Income Fund by 16.4% during the third quarter. Advisors Asset Management Inc. now owns 490,510 shares of the company’s stock worth $1,584,000 after purchasing an additional 69,279 shares in the last quarter. Wolverine Asset Management LLC bought a new stake in Neuberger Berman Real Estate Securities Income Fund during the fourth quarter worth approximately $1,461,000. Cornerstone Advisors LLC raised its holdings in Neuberger Berman Real Estate Securities Income Fund by 3.2% during the third quarter. Cornerstone Advisors LLC now owns 466,276 shares of the company’s stock worth $1,506,000 after purchasing an additional 14,294 shares in the last quarter. LPL Financial LLC raised its holdings in Neuberger Berman Real Estate Securities Income Fund by 1.2% during the fourth quarter. LPL Financial LLC now owns 336,179 shares of the company’s stock worth $1,022,000 after purchasing an additional 4,144 shares in the last quarter. Finally, NWF Advisory Services Inc. grew its position in Neuberger Berman Real Estate Securities Income Fund by 63.5% in the third quarter. NWF Advisory Services Inc. now owns 278,206 shares of the company’s stock worth $899,000 after buying an additional 108,000 shares during the last quarter.

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.