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 target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 37,826 shares, a decrease of 44.9% from the January 15th total of 68,711 shares. Based on an average trading volume of 79,175 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 79,175 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Cohen & Steers Limited Duration Preferred and Income Fund

A number of hedge funds have recently bought and sold shares of the stock. Atria Investments Inc raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 375.7% in the second quarter. Atria Investments Inc now owns 189,228 shares of the company’s stock valued at $3,970,000 after purchasing an additional 149,448 shares in the last quarter. Chicago Partners Investment Group LLC raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 1.9% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 432,383 shares of the company’s stock valued at $9,007,000 after buying an additional 8,228 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Cohen & Steers Limited Duration Preferred and Income Fund by 19.2% in the second quarter. Envestnet Asset Management Inc. now owns 212,897 shares of the company’s stock worth $4,467,000 after purchasing an additional 34,271 shares in the last quarter. WJ Financial Advisors LLC bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the third quarter worth about $1,142,000. Finally, Glaxis Capital Management LLC boosted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 5.3% during the second quarter. Glaxis Capital Management LLC now owns 158,000 shares of the company’s stock valued at $3,315,000 after purchasing an additional 8,000 shares in the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Up 0.3%

Shares of LDP traded up $0.07 during midday trading on Friday, reaching $21.37. 39,603 shares of the stock were exchanged, compared to its average volume of 70,443. The firm has a 50 day simple moving average of $21.29 and a 200-day simple moving average of $21.43. Cohen & Steers Limited Duration Preferred and Income Fund has a 12-month low of $18.38 and a 12-month high of $22.05.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The company also recently announced 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) annualized dividend and a yield of 7.4%. The ex-dividend date is Tuesday, March 10th.

About Cohen & Steers Limited Duration Preferred and Income Fund

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.