Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Down 44.9% in January

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 37,826 shares, a drop of 44.9% from the January 15th total of 68,711 shares. Based on an average daily trading volume, of 79,175 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 79,175 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Cohen & Steers Limited Duration Preferred and Income Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LDP. Northwestern Mutual Wealth Management Co. raised its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 20,581.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,316,921 shares of the company’s stock valued at $49,049,000 after purchasing an additional 2,305,718 shares during the last quarter. Atria Investments Inc increased its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 375.7% during the 2nd quarter. Atria Investments Inc now owns 189,228 shares of the company’s stock worth $3,970,000 after purchasing an additional 149,448 shares during the period. Platt Wealth Management LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the fourth quarter valued at about $1,762,000. Glaxis Capital Management LLC lifted its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 33.2% in the fourth quarter. Glaxis Capital Management LLC now owns 231,800 shares of the company’s stock valued at $4,907,000 after buying an additional 57,800 shares during the period. Finally, WJ Financial Advisors LLC bought a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter valued at about $1,142,000.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Up 0.3%

Cohen & Steers Limited Duration Preferred and Income Fund stock traded up $0.07 on Friday, reaching $21.37. 39,603 shares of the stock were exchanged, compared to its average volume of 70,443. Cohen & Steers Limited Duration Preferred and Income Fund has a twelve month low of $18.38 and a twelve month high of $22.05. The firm has a fifty day moving average price of $21.29 and a two-hundred day moving average price of $21.42.

Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement

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

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.