Brookfield Real Assets Income Fund Inc. (NYSE:RA) Short Interest Down 42.6% in June

Brookfield Real Assets Income Fund Inc. (NYSE:RA) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 53,379 shares, a decrease of 42.6% from the May 31st total of 92,991 shares. Based on an average daily trading volume, of 131,105 shares, the short-interest ratio is currently 0.4 days.

Brookfield Real Assets Income Fund Trading Up 0.2%

Shares of RA stock traded up $0.03 during trading on Thursday, reaching $12.90. The company’s stock had a trading volume of 96,767 shares, compared to its average volume of 181,553. Brookfield Real Assets Income Fund has a 1-year low of $12.50 and a 1-year high of $13.59. The stock’s 50-day moving average price is $12.77 and its 200 day moving average price is $12.93.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be paid a $0.118 dividend. The ex-dividend date is Thursday, September 10th. This represents a c) annualized dividend and a dividend yield of 11.0%. Brookfield Real Assets Income Fund’s payout ratio is -1,281.82%.

Insider Buying and Selling at Brookfield Real Assets Income Fund

In related news, Director Heather S. Goldman sold 2,750 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 22 shares of the company’s stock, valued at approximately $279.84. This trade represents a 99.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Institutional Trading of Brookfield Real Assets Income Fund

Several hedge funds have recently modified their holdings of the stock. Quadrant Capital Group LLC acquired a new position in Brookfield Real Assets Income Fund during the 4th quarter worth $51,000. Fifth Third Bancorp acquired a new stake in Brookfield Real Assets Income Fund in the 1st quarter valued at about $81,000. US Bancorp DE purchased a new position in shares of Brookfield Real Assets Income Fund in the 3rd quarter valued at about $101,000. Merit Financial Group LLC purchased a new position in shares of Brookfield Real Assets Income Fund in the 3rd quarter valued at about $140,000. Finally, Oppenheimer & Co. Inc. acquired a new position in shares of Brookfield Real Assets Income Fund during the fourth quarter worth about $146,000.

About Brookfield Real Assets Income Fund

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.