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

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 54,547 shares, a decline of 58.3% from the July 15th total of 130,714 shares. Based on an average daily trading volume, of 296,454 shares, the short-interest ratio is presently 0.2 days.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Shares of NRO traded up $0.02 during trading hours on Friday, hitting $3.00. 289,314 shares of the company were exchanged, compared to its average volume of 291,518. The firm’s 50 day moving average is $3.01 and its 200-day moving average is $2.99. Neuberger Berman Real Estate Securities Income Fund has a 52 week low of $2.74 and a 52 week high of $3.37.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be issued a $0.0312 dividend. This represents a c) annualized dividend and a yield of 12.5%. The ex-dividend date is Monday, August 17th.

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

A number of large investors have recently added to or reduced their stakes in the stock. K2 Principal Fund L.P. acquired a new position in Neuberger Berman Real Estate Securities Income Fund during the second quarter valued at approximately $32,000. Virtu Financial LLC bought a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the fourth quarter valued at approximately $32,000. Envestnet Asset Management Inc. acquired a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the third quarter worth $33,000. XTX Topco Ltd acquired a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the second quarter worth $34,000. Finally, Mercer Global Advisors Inc. ADV bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the 3rd quarter worth $48,000.

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.