Short Interest in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Decreases By 25.6%

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 73,759 shares, a decrease of 25.6% from the December 15th total of 99,161 shares. Based on an average trading volume of 96,884 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 96,884 shares, the days-to-cover ratio is presently 0.8 days.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.1%

LDP traded down $0.03 on Friday, reaching $21.29. 51,618 shares of the company’s stock were exchanged, compared to its average volume of 66,974. The company’s 50 day moving average is $21.29 and its 200-day moving average is $21.40. Cohen & Steers Limited Duration Preferred and Income Fund has a twelve month low of $18.38 and a twelve month high of $22.05.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be given a dividend of $0.131 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a c) annualized dividend and a dividend yield of 7.4%.

Institutional Investors Weigh In On Cohen & Steers Limited Duration Preferred and Income Fund

A number of hedge funds have recently added to or reduced their stakes in LDP. Invesco Ltd. increased its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 2.1% during the third quarter. Invesco Ltd. now owns 451,782 shares of the company’s stock valued at $9,790,000 after acquiring an additional 9,177 shares during the period. Chicago Partners Investment Group LLC boosted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 1.9% during the second quarter. Chicago Partners Investment Group LLC now owns 432,383 shares of the company’s stock worth $9,007,000 after purchasing an additional 8,228 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 12.5% in the third quarter. Envestnet Asset Management Inc. now owns 239,403 shares of the company’s stock worth $5,188,000 after acquiring an additional 26,506 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 8.0% during the 2nd quarter. Thomas J. Herzfeld Advisors Inc. now owns 200,918 shares of the company’s stock worth $4,215,000 after purchasing an additional 14,875 shares in the last quarter. Finally, Atria Investments Inc lifted its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 375.7% in the second quarter. Atria Investments Inc now owns 189,228 shares of the company’s stock valued at $3,970,000 after acquiring an additional 149,448 shares during the last quarter.

About Cohen & Steers Limited Duration Preferred and Income Fund

Cohen & Steers Limited Duration Preferred and Income Fund, Inc (NYSE: LDP) is a closed-end management investment company that seeks to provide investors with current income while managing interest-rate sensitivity. The fund primarily invests in a diversified portfolio of preferred securities and other income-producing instruments, combining yield potential with a strategy tailored to limit fluctuations in response to changing interest-rate environments.

Its investment approach focuses on preferred and hybrid securities issued by corporations across sectors such as financial institutions, utilities, real estate investment trusts (REITs) and other industries.