Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Short Interest Up 42.2% in October

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 107,900 shares, a growth of 42.2% from the September 30th total of 75,900 shares. Based on an average daily trading volume, of 192,200 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 192,200 shares, the short-interest ratio is presently 0.6 days.

Neuberger Berman Real Estate Securities Income Fund Trading Up 0.3%

NYSEAMERICAN:NRO traded up $0.01 during trading hours on Tuesday, reaching $3.18. 97,164 shares of the company’s stock were exchanged, compared to its average volume of 240,498. Neuberger Berman Real Estate Securities Income Fund has a 12 month low of $2.75 and a 12 month high of $3.98. The business’s 50-day simple moving average is $3.22 and its two-hundred day simple moving average is $3.22.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Monday, November 17th will be issued a dividend of $0.0312 per share. This represents a c) dividend on an annualized basis and a yield of 11.8%. The ex-dividend date is Monday, November 17th.

Institutional Trading of Neuberger Berman Real Estate Securities Income Fund

A number of large investors have recently added to or reduced their stakes in the business. Compound Planning Inc. lifted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 31.0% in the 1st quarter. Compound Planning Inc. now owns 19,000 shares of the company’s stock valued at $63,000 after acquiring an additional 4,500 shares in the last quarter. Benjamin Edwards Inc. lifted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 16.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 58,762 shares of the company’s stock valued at $190,000 after acquiring an additional 8,335 shares in the last quarter. K2 Principal Fund L.P. purchased a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the 1st quarter valued at approximately $34,000. XTX Topco Ltd purchased a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at approximately $34,000. Finally, NWF Advisory Services Inc. lifted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 7.6% in the 2nd quarter. NWF Advisory Services Inc. now owns 170,206 shares of the company’s stock valued at $548,000 after acquiring an additional 12,000 shares in the last quarter.

About Neuberger Berman Real Estate Securities Income Fund

Neuberger Berman Real Estate Securities Income Fund, Inc is a closed-ended equity mutual fund launched and managed by Neuberger Berman LLC. It is co-managed by Neuberger Berman Management LLC. The fund invests in the public equity markets of the United States. It typically invests in stocks of companies operating in the real estate sector including real estate investment trusts.