Short Interest in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Increases By 94.0%

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 147,435 shares, an increase of 94.0% from the June 15th total of 76,007 shares. Based on an average daily volume of 400,497 shares, the short-interest ratio is presently 0.4 days.

Neuberger Berman Real Estate Securities Income Fund Price Performance

NYSEAMERICAN NRO traded up $0.05 during trading hours on Thursday, hitting $3.04. The company’s stock had a trading volume of 534,708 shares, compared to its average volume of 297,900. Neuberger Berman Real Estate Securities Income Fund has a 52 week low of $2.74 and a 52 week high of $3.37. The company’s 50-day simple moving average is $3.00 and its two-hundred day simple moving average is $3.00.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a $0.0312 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.3%. The ex-dividend date is Wednesday, July 15th.

Hedge Funds Weigh In On Neuberger Berman Real Estate Securities Income Fund

Several large investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter worth approximately $33,000. XTX Topco Ltd purchased a new stake in Neuberger Berman Real Estate Securities Income Fund in the second quarter worth $34,000. Virtu Financial LLC bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the fourth quarter valued at $32,000. Mercer Global Advisors Inc. ADV purchased a new position in shares of Neuberger Berman Real Estate Securities Income Fund during the 3rd quarter valued at $48,000. Finally, Larson Financial Group LLC grew its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 39.7% during the 3rd quarter. Larson Financial Group LLC now owns 16,900 shares of the company’s stock worth $55,000 after acquiring an additional 4,800 shares during the period.

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.