Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Update

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 99,161 shares, an increase of 69.1% from the November 30th total of 58,650 shares. Based on an average daily volume of 69,784 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily volume of 69,784 shares, the days-to-cover ratio is currently 1.4 days.

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

Shares of Cohen & Steers Limited Duration Preferred and Income Fund stock traded down $0.02 during trading on Friday, hitting $21.11. 64,299 shares of the company’s stock traded hands, compared to its average volume of 66,815. Cohen & Steers Limited Duration Preferred and Income Fund has a 1 year low of $18.38 and a 1 year high of $22.05. The business has a 50-day simple moving average of $21.39 and a 200-day simple moving average of $21.35.

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 paid a $0.131 dividend. The ex-dividend date is Tuesday, March 10th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. raised its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 3.5% in the 1st quarter. Raymond James Financial Inc. now owns 414,525 shares of the company’s stock worth $8,440,000 after purchasing an additional 13,954 shares during the period. Landscape Capital Management L.L.C. purchased a new stake in Cohen & Steers Limited Duration Preferred and Income Fund in the first quarter worth about $236,000. Baird Financial Group Inc. increased its position in Cohen & Steers Limited Duration Preferred and Income Fund by 0.7% in the first quarter. Baird Financial Group Inc. now owns 141,335 shares of the company’s stock worth $2,878,000 after buying an additional 921 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 13.6% in the second quarter. Wealthcare Advisory Partners LLC now owns 30,410 shares of the company’s stock worth $638,000 after buying an additional 3,650 shares during the period. Finally, Chicago Partners Investment Group LLC raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 1.9% in the second quarter. Chicago Partners Investment Group LLC now owns 432,383 shares of the company’s stock worth $9,007,000 after buying an additional 8,228 shares during the period.

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.