Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Update

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 73,759 shares, a decline of 25.6% from the December 15th total of 99,161 shares. Based on an average trading volume of 96,884 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 96,884 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On Cohen & Steers Limited Duration Preferred and Income Fund

Several institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers increased its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 3.3% in the 2nd quarter. Cetera Investment Advisers now owns 18,267 shares of the company’s stock valued at $383,000 after acquiring an additional 587 shares during the last quarter. MAI Capital Management grew its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 1.1% during the third quarter. MAI Capital Management now owns 58,194 shares of the company’s stock valued at $1,261,000 after purchasing an additional 631 shares during the period. Creative Planning grew its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 5.9% during the third quarter. Creative Planning now owns 12,070 shares of the company’s stock valued at $262,000 after purchasing an additional 670 shares during the period. Baird Financial Group Inc. increased its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 0.5% in the second quarter. Baird Financial Group Inc. now owns 142,096 shares of the company’s stock valued at $2,981,000 after purchasing an additional 761 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 205.7% in the second quarter. Geneos Wealth Management Inc. now owns 1,507 shares of the company’s stock worth $32,000 after purchasing an additional 1,014 shares during the period.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

Shares of Cohen & Steers Limited Duration Preferred and Income Fund stock traded down $0.03 on Friday, hitting $21.29. 51,618 shares of the company’s stock traded hands, compared to its average volume of 66,974. The firm’s 50-day moving average price is $21.29 and its two-hundred day moving average price is $21.40. Cohen & Steers Limited Duration Preferred and Income Fund has a one year low of $18.38 and a one year high of $22.05.

Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 10th will be issued a $0.131 dividend. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Tuesday, March 10th.

Cohen & Steers Limited Duration Preferred and Income Fund Company Profile

Cohen & Steers Limited Duration Preferred and Income Fund, Inc (NYSE: LDP) is a closed-end management investment company that seeks to provide investors with current income while managing interest-rate sensitivity. The fund primarily invests in a diversified portfolio of preferred securities and other income-producing instruments, combining yield potential with a strategy tailored to limit fluctuations in response to changing interest-rate environments.

Its investment approach focuses on preferred and hybrid securities issued by corporations across sectors such as financial institutions, utilities, real estate investment trusts (REITs) and other industries.