Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Short Interest Up 128.2% in September

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 103,600 shares, an increase of 128.2% from the August 31st total of 45,400 shares. Based on an average daily volume of 191,600 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 191,600 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Neuberger Berman Real Estate Securities Income Fund

Institutional investors have recently added to or reduced their stakes in the business. Compound Planning Inc. boosted its holdings in Neuberger Berman Real Estate Securities Income Fund by 31.0% in the first quarter. Compound Planning Inc. now owns 19,000 shares of the company’s stock valued at $63,000 after purchasing an additional 4,500 shares in the last quarter. K2 Principal Fund L.P. purchased a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the 1st quarter worth approximately $34,000. XTX Topco Ltd purchased a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at $34,000. NWF Advisory Services Inc. grew 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 buying an additional 12,000 shares during the last quarter. Finally, Parcion Private Wealth LLC raised its stake in Neuberger Berman Real Estate Securities Income Fund by 33.3% during the 1st quarter. Parcion Private Wealth LLC now owns 48,532 shares of the company’s stock worth $160,000 after acquiring an additional 12,132 shares in the last quarter.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Neuberger Berman Real Estate Securities Income Fund stock opened at $3.23 on Monday. The stock’s fifty day moving average is $3.24 and its two-hundred day moving average is $3.21. Neuberger Berman Real Estate Securities Income Fund has a 1-year low of $2.75 and a 1-year high of $4.04.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be given a dividend of $0.0312 per share. This represents a c) annualized dividend and a dividend yield of 11.6%. The ex-dividend date of this dividend is Wednesday, October 15th.

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.