Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) Stock Short Interest Report for October

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 57,067 shares, an increase of 277.4% from the October 15th total of 15,121 shares. Based on an average trading volume of 291,659 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PTA. NewEdge Advisors LLC grew its stake in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 15.6% in the first quarter. NewEdge Advisors LLC now owns 42,346 shares of the company’s stock worth $794,000 after acquiring an additional 5,717 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the 2nd quarter valued at about $68,000. RFG Advisory LLC raised its holdings in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 28.9% during the second quarter. RFG Advisory LLC now owns 40,673 shares of the company’s stock worth $780,000 after purchasing an additional 9,117 shares in the last quarter. HighTower Advisors LLC acquired a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the 2nd quarter worth $335,000. Finally, Choreo LLC increased its position in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 8.4% during the third quarter. Choreo LLC now owns 14,205 shares of the company’s stock worth $247,000 after purchasing an additional 1,104 shares in the last quarter.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Stock Up 0.7%

NYSE:PTA traded up $0.12 on Friday, reaching $16.91. 259,490 shares of the company’s stock were exchanged, compared to its average volume of 174,861. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a 52-week low of $16.66 and a 52-week high of $19.92. The business has a fifty day moving average of $17.33 and a 200-day moving average of $18.74.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Company Profile

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund, Inc. is a closed-end investment fund managed by Cohen & Steers. It seeks to provide high current income, with capital appreciation as a secondary objective. The fund invests primarily in preferred securities and other income-producing securities, including securities issued by companies in the United States and other countries. Its tax-advantaged approach focuses on income-generating investments, though the tax treatment of distributions can vary.