Short Interest in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Expands By 69.1%

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 short-interest ratio is currently 1.4 days. Based on an average daily volume of 69,784 shares, the short-interest ratio is currently 1.4 days.

Institutional Investors Weigh In On Cohen & Steers Limited Duration Preferred and Income Fund

Institutional investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 205.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,507 shares of the company’s stock valued at $32,000 after purchasing an additional 1,014 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 2nd quarter worth about $62,000. Vermillion Wealth Management Inc. grew its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 102.0% during the 3rd quarter. Vermillion Wealth Management Inc. now owns 3,508 shares of the company’s stock valued at $76,000 after purchasing an additional 1,771 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 3rd quarter valued at about $204,000. Finally, Smith Asset Management Co. LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter valued at about $220,000.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Up 0.6%

Cohen & Steers Limited Duration Preferred and Income Fund stock traded up $0.14 during mid-day trading on Tuesday, reaching $21.23. 52,661 shares of the company were exchanged, compared to its average volume of 66,905. Cohen & Steers Limited Duration Preferred and Income Fund has a 12-month low of $18.38 and a 12-month high of $22.05. The business has a fifty day moving average of $21.38 and a 200 day moving average of $21.35.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be issued a $0.131 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Tuesday, March 10th.

Cohen & Steers Limited Duration Preferred and Income Fund Company Profile

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.