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 large decline in short interest during the month of January. As of January 30th, there was short interest totaling 68,011 shares, a decline of 53.6% from the January 15th total of 146,419 shares. Based on an average daily trading volume, of 263,435 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 263,435 shares, the short-interest ratio is presently 0.3 days.

Neuberger Berman Real Estate Securities Income Fund Trading Up 1.0%

Shares of Neuberger Berman Real Estate Securities Income Fund stock traded up $0.03 during trading hours on Friday, reaching $3.11. 395,496 shares of the company’s stock were exchanged, compared to its average volume of 275,083. The company has a 50 day moving average of $3.01 and a two-hundred day moving average of $3.12. Neuberger Berman Real Estate Securities Income Fund has a fifty-two week low of $2.75 and a fifty-two week high of $3.43.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be paid a $0.0312 dividend. This represents a c) dividend on an annualized basis and a yield of 12.0%. The ex-dividend date is Tuesday, February 17th.

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

A number of institutional investors and hedge funds have recently made changes to their positions in NRO. Envestnet Asset Management Inc. bought a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the third quarter valued at $33,000. XTX Topco Ltd bought a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at about $34,000. Fingerlakes Wealth Management Inc. bought a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at about $42,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund during the 3rd quarter worth about $48,000. Finally, Integrity Advisory Solutions LLC acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund during the 3rd quarter worth about $53,000.

Neuberger Berman Real Estate Securities Income Fund Company Profile

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.