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

Brookfield Real Assets Income Fund Inc. (NYSE:RA) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 92,991 shares, a growth of 59.6% from the May 14th total of 58,276 shares. Based on an average daily volume of 176,950 shares, the days-to-cover ratio is currently 0.5 days.

Insider Buying and Selling

In related news, Director Heather S. Goldman sold 2,750 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $12.72, for a total transaction of $34,980.00. Following the completion of the transaction, the director directly owned 22 shares of the company’s stock, valued at $279.84. The trade was a 99.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quadrant Capital Group LLC acquired a new position in shares of Brookfield Real Assets Income Fund during the 4th quarter worth about $51,000. Fifth Third Bancorp acquired a new position in shares of Brookfield Real Assets Income Fund during the 1st quarter worth about $81,000. US Bancorp DE acquired a new position in shares of Brookfield Real Assets Income Fund during the 3rd quarter worth about $101,000. Merit Financial Group LLC acquired a new position in shares of Brookfield Real Assets Income Fund during the 3rd quarter worth about $140,000. Finally, Oppenheimer & Co. Inc. acquired a new position in shares of Brookfield Real Assets Income Fund during the 4th quarter worth about $146,000.

Brookfield Real Assets Income Fund Price Performance

RA opened at $12.58 on Thursday. Brookfield Real Assets Income Fund has a 12 month low of $12.50 and a 12 month high of $13.59. The business has a fifty day moving average price of $12.82 and a 200 day moving average price of $12.96.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be paid a dividend of $0.118 per share. This represents a c) annualized dividend and a yield of 11.3%. The ex-dividend date of this dividend is Thursday, June 11th. Brookfield Real Assets Income Fund’s payout ratio is presently -1,281.82%.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund Inc (NYSE:RA) is a closed-end management investment company launched in June 2020. The fund is sponsored and managed by Brookfield Asset Management, one of the world’s largest alternative asset managers. RA seeks to provide investors with high current income and long-term capital growth by acquiring a diversified portfolio of real assets and related securities.

The fund’s investment strategy focuses on real estate, infrastructure, renewable energy and private credit investments.