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) saw a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 22,948 shares, a decline of 17.7% from the February 12th total of 27,872 shares. Based on an average daily volume of 57,156 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 57,156 shares, the short-interest ratio is presently 0.4 days.

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

Hedge funds have recently made changes to their positions in the business. Geneos Wealth Management Inc. increased its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 205.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,507 shares of the company’s stock worth $32,000 after acquiring an additional 1,014 shares during the last quarter. Global Retirement Partners LLC bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the fourth quarter worth $34,000. Newbridge Financial Services Group Inc. bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the second quarter worth $62,000. Litman Gregory Wealth Management LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the fourth quarter valued at $64,000. Finally, Vermillion Wealth Management Inc. increased its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 102.0% in the third quarter. Vermillion Wealth Management Inc. now owns 3,508 shares of the company’s stock valued at $76,000 after purchasing an additional 1,771 shares during the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Up 0.5%

Shares of LDP stock traded up $0.11 on Monday, reaching $20.56. The stock had a trading volume of 72,159 shares, compared to its average volume of 68,113. Cohen & Steers Limited Duration Preferred and Income Fund has a 12 month low of $18.38 and a 12 month high of $22.05. The firm’s 50-day moving average is $21.22 and its two-hundred day moving average is $21.39.

Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.131 per share. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend 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.