Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Up 173.1% in September

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 127,800 shares, an increase of 173.1% from the August 31st total of 46,800 shares. Based on an average daily volume of 63,300 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily volume of 63,300 shares, the days-to-cover ratio is currently 2.0 days.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Down 0.2%

LDP opened at $21.68 on Friday. Cohen & Steers Limited Duration Preferred and Income Fund has a 1-year low of $18.38 and a 1-year high of $21.96. The company has a 50 day simple moving average of $21.52 and a two-hundred day simple moving average of $20.72.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be given a dividend of $0.131 per share. The ex-dividend date is Tuesday, December 9th. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.

Hedge Funds Weigh In On Cohen & Steers Limited Duration Preferred and Income Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Choreo LLC boosted its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 1.4% during the first quarter. Choreo LLC now owns 43,436 shares of the company’s stock worth $884,000 after acquiring an additional 584 shares during the last quarter. Cetera Investment Advisers grew its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 3.3% during the second quarter. Cetera Investment Advisers now owns 18,267 shares of the company’s stock valued at $383,000 after purchasing an additional 587 shares in the last quarter. Baird Financial Group Inc. increased its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 0.5% in the second quarter. Baird Financial Group Inc. now owns 142,096 shares of the company’s stock worth $2,981,000 after purchasing an additional 761 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 205.7% in the second quarter. Geneos Wealth Management Inc. now owns 1,507 shares of the company’s stock worth $32,000 after purchasing an additional 1,014 shares during the last quarter. Finally, Greatmark Investment Partners Inc. increased its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 0.7% in the first quarter. Greatmark Investment Partners Inc. now owns 172,675 shares of the company’s stock worth $3,516,000 after purchasing an additional 1,250 shares during the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Company Profile

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc is a diversified and closed-end management investment company, which invests in the preferred and other securities issued by the U.S. and non-U.S. companies. Its objective is to provide high current income and capital appreciation. The company was founded on May 5, 2012 and is headquartered in New York, NY.