Brookfield Real Assets Income Fund Inc. (NYSE:RA) Sees Large Increase in Short Interest

Brookfield Real Assets Income Fund Inc. (NYSE:RA) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 110,532 shares, a growth of 141.0% from the September 30th total of 45,860 shares. Based on an average daily volume of 325,454 shares, the days-to-cover ratio is presently 0.3 days.

Brookfield Real Assets Income Fund Stock Performance

Shares of NYSE RA opened at $11.74 on Friday. The stock’s fifty day simple moving average is $11.93 and its 200 day simple moving average is $12.67. Brookfield Real Assets Income Fund has a 52-week low of $11.41 and a 52-week high of $13.59.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, December 24th. Investors of record on Thursday, December 10th will be given a $0.1180 dividend. The ex-dividend date is Thursday, December 10th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 12.1%. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is -1,390.91%.

Hedge Funds Weigh In On Brookfield Real Assets Income Fund

Institutional investors have recently bought and sold shares of the stock. City of London Investment Management Co. Ltd. lifted its position in shares of Brookfield Real Assets Income Fund by 88.2% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 256,397 shares of the company’s stock valued at $2,961,000 after acquiring an additional 120,155 shares in the last quarter. RFG Advisory LLC purchased a new position in Brookfield Real Assets Income Fund during the 2nd quarter worth approximately $924,000. Rareview Capital LLC grew its position in Brookfield Real Assets Income Fund by 21.1% during the 1st quarter. Rareview Capital LLC now owns 253,193 shares of the company’s stock worth $3,385,000 after purchasing an additional 44,116 shares in the last quarter. Shaker Financial Services LLC grew its position in Brookfield Real Assets Income Fund by 107.5% during the 3rd quarter. Shaker Financial Services LLC now owns 76,063 shares of the company’s stock worth $879,000 after purchasing an additional 39,403 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new stake in Brookfield Real Assets Income Fund during the 1st quarter valued at $464,000.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund (NYSE: RA) is a closed-end investment fund that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund invests in a diversified portfolio of securities connected to real assets, including real estate, infrastructure and natural resources.

Its investments may include debt and equity securities issued by companies and entities operating in real asset sectors, as well as preferred securities and other income-producing instruments.