Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Short Interest Update

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the target of a significant growth in short interest in 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 daily trading volume, of 400,497 shares, the days-to-cover ratio is presently 0.4 days.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Neuberger Berman Real Estate Securities Income Fund stock traded up $0.05 during midday trading on Thursday, reaching $3.04. The company’s stock had a trading volume of 534,708 shares, compared to its average volume of 297,900. Neuberger Berman Real Estate Securities Income Fund has a 52 week low of $2.74 and a 52 week high of $3.37. The business has a 50-day moving average price of $3.00 and a 200-day moving average price of $3.00.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be paid a $0.0312 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.3%. The ex-dividend date is Wednesday, July 15th.

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

Institutional investors have recently added to or reduced their stakes in the stock. Absolute Investment Advisers LLC grew its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 3,922.7% during the first quarter. Absolute Investment Advisers LLC now owns 1,436,699 shares of the company’s stock worth $4,080,000 after buying an additional 1,400,984 shares during the last quarter. Wolverine Asset Management LLC acquired a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the fourth quarter valued at about $1,461,000. Kanen Wealth Management LLC bought a new position in Neuberger Berman Real Estate Securities Income Fund during the fourth quarter worth $584,000. Calamos Advisors LLC boosted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 63.0% during the 1st quarter. Calamos Advisors LLC now owns 354,913 shares of the company’s stock valued at $1,008,000 after purchasing an additional 137,195 shares in the last quarter. Finally, Private Advisor Group LLC grew its holdings in Neuberger Berman Real Estate Securities Income Fund by 158.8% in the first quarter. Private Advisor Group LLC now owns 167,643 shares of the company’s stock worth $476,000 after purchasing an additional 102,872 shares during the period.

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.