Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Sees Large Decline in Short Interest

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 54,547 shares, a decrease of 58.3% from the July 15th total of 130,714 shares. Based on an average daily volume of 296,454 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Neuberger Berman Real Estate Securities Income Fund

A number of large investors have recently made changes to their positions in NRO. LPL Financial LLC lifted its position in Neuberger Berman Real Estate Securities Income Fund by 1.2% during the fourth quarter. LPL Financial LLC now owns 336,179 shares of the company’s stock valued at $1,022,000 after purchasing an additional 4,144 shares during the period. Kestra Advisory Services LLC grew its position in Neuberger Berman Real Estate Securities Income Fund by 8.8% in the 4th quarter. Kestra Advisory Services LLC now owns 59,314 shares of the company’s stock worth $180,000 after purchasing an additional 4,784 shares during the period. Larson Financial Group LLC grew its position in Neuberger Berman Real Estate Securities Income Fund by 39.7% in the 3rd quarter. Larson Financial Group LLC now owns 16,900 shares of the company’s stock worth $55,000 after purchasing an additional 4,800 shares during the period. Royal Bank of Canada raised its stake in Neuberger Berman Real Estate Securities Income Fund by 13.0% during the 1st quarter. Royal Bank of Canada now owns 77,533 shares of the company’s stock valued at $220,000 after buying an additional 8,906 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in Neuberger Berman Real Estate Securities Income Fund by 133.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 17,604 shares of the company’s stock valued at $50,000 after buying an additional 10,065 shares during the last quarter.

Neuberger Berman Real Estate Securities Income Fund Trading Up 0.7%

Shares of Neuberger Berman Real Estate Securities Income Fund stock traded up $0.02 during trading on Friday, hitting $3.00. 289,314 shares of the company’s stock traded hands, compared to its average volume of 291,518. Neuberger Berman Real Estate Securities Income Fund has a 1 year low of $2.74 and a 1 year high of $3.37. The business has a 50-day simple moving average of $3.01 and a 200-day simple moving average of $2.99.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be issued a dividend of $0.0312 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.5%. The ex-dividend date of this dividend is Monday, August 17th.

About Neuberger Berman Real Estate Securities Income Fund

Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) is a closed-end management investment company organized as a Massachusetts business trust. Listed on the NYSE American exchange, the fund seeks to provide shareholders with high current income and the potential for capital appreciation through an actively managed portfolio of real estate securities. Its structure allows investors to access a diversified pool of real estate assets within a single investment vehicle.

The fund’s primary investment focus is on equity real estate investment trusts (REITs), real estate operating companies and other real estate–related securities.