Short Interest in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Rises By 87.4%

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totaling 77,419 shares, an increase of 87.4% from the March 31st total of 41,303 shares. Based on an average daily volume of 220,510 shares, the days-to-cover ratio is currently 0.4 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 stock. Envestnet Asset Management Inc. acquired a new stake in Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter valued at $33,000. XTX Topco Ltd acquired a new stake in Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at $34,000. Virtu Financial LLC acquired a new stake in Neuberger Berman Real Estate Securities Income Fund in the 4th quarter valued at $32,000. Mercer Global Advisors Inc. ADV acquired a new stake in Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter valued at $48,000. Finally, Integrity Advisory Solutions LLC acquired a new stake in Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter valued at $53,000.

Neuberger Berman Real Estate Securities Income Fund Price Performance

Neuberger Berman Real Estate Securities Income Fund stock opened at $3.00 on Monday. The company’s fifty day moving average price is $2.97 and its 200 day moving average price is $3.03. Neuberger Berman Real Estate Securities Income Fund has a 1 year low of $2.74 and a 1 year high of $3.37.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be paid a $0.0312 dividend. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 12.5%.

Neuberger Berman Real Estate Securities Income Fund Company Profile

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.