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

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 82,333 shares, a decrease of 32.5% from the November 30th total of 121,990 shares. Based on an average daily trading volume, of 205,000 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 205,000 shares, the days-to-cover ratio is currently 0.4 days.

Neuberger Berman Real Estate Securities Income Fund Price Performance

Shares of NYSEAMERICAN NRO remained flat at $3.02 during trading hours on Monday. 366,226 shares of the company traded hands, compared to its average volume of 239,190. Neuberger Berman Real Estate Securities Income Fund has a 1 year low of $2.75 and a 1 year high of $3.69. The firm’s 50 day simple moving average is $3.06 and its two-hundred day simple moving average is $3.17.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a $0.0312 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a c) dividend on an annualized basis and a dividend yield of 12.4%.

Institutional Trading of Neuberger Berman Real Estate Securities Income Fund

A number of institutional investors have recently bought and sold shares of the stock. Landscape Capital Management L.L.C. purchased a new position in Neuberger Berman Real Estate Securities Income Fund in the 1st quarter worth $670,000. First Manhattan CO. LLC. acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the first quarter valued at about $46,000. K2 Principal Fund L.P. purchased a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the first quarter worth about $34,000. Fingerlakes Wealth Management Inc. acquired a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the second quarter worth about $42,000. Finally, Wolverine Asset Management LLC purchased a new stake in Neuberger Berman Real Estate Securities Income Fund in the second quarter valued at approximately $467,000.

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.