LMP Capital and Income Fund Inc. (NYSE:SCD) Short Interest Update

LMP Capital and Income Fund Inc. (NYSE:SCD) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 93,701 shares, a growth of 311.9% from the January 15th total of 22,747 shares. Based on an average trading volume of 129,139 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 129,139 shares, the days-to-cover ratio is presently 0.7 days.

LMP Capital and Income Fund Stock Performance

NYSE:SCD traded down $0.01 during trading hours on Wednesday, reaching $15.97. 42,957 shares of the company were exchanged, compared to its average volume of 100,570. LMP Capital and Income Fund has a twelve month low of $13.35 and a twelve month high of $17.57. The stock’s 50-day moving average is $15.15 and its 200-day moving average is $15.17.

LMP Capital and Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be given a dividend of $0.12 per share. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Friday, February 20th.

Institutional Investors Weigh In On LMP Capital and Income Fund

Institutional investors have recently bought and sold shares of the company. LPL Financial LLC increased its stake in LMP Capital and Income Fund by 63.1% during the 4th quarter. LPL Financial LLC now owns 67,172 shares of the real estate investment trust’s stock worth $995,000 after buying an additional 25,977 shares in the last quarter. Blue Bell Private Wealth Management LLC acquired a new stake in shares of LMP Capital and Income Fund in the fourth quarter worth approximately $116,000. World Investment Advisors purchased a new stake in shares of LMP Capital and Income Fund during the fourth quarter worth approximately $201,000. International Assets Investment Management LLC increased its position in shares of LMP Capital and Income Fund by 133.1% during the fourth quarter. International Assets Investment Management LLC now owns 30,826 shares of the real estate investment trust’s stock worth $457,000 after purchasing an additional 17,600 shares in the last quarter. Finally, Wolverine Asset Management LLC raised its stake in LMP Capital and Income Fund by 648.2% in the 4th quarter. Wolverine Asset Management LLC now owns 191,235 shares of the real estate investment trust’s stock valued at $2,832,000 after purchasing an additional 165,675 shares during the last quarter.

About LMP Capital and Income Fund

LMP Capital & Income Fund (NYSE:SCD) is a diversified, closed-end management investment company organized as a Maryland corporation. The fund’s primary objective is to deliver total return through current income and capital appreciation. It is listed on the New York Stock Exchange and serves a broad base of retail and institutional investors seeking exposure to a mix of equity and income-producing assets.

The fund pursues its objective by investing predominantly in common stocks, debt securities and convertible instruments issued by U.S.