Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Short Interest Up 94.0% in June

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 147,435 shares, a growth of 94.0% from the June 15th total of 76,007 shares. Based on an average trading volume of 400,497 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of NRO. Virtu Financial LLC acquired a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the fourth quarter valued at about $32,000. Envestnet Asset Management Inc. acquired a new stake in Neuberger Berman Real Estate Securities Income Fund during the 3rd quarter valued at approximately $33,000. XTX Topco Ltd bought a new position in Neuberger Berman Real Estate Securities Income Fund during the 2nd quarter worth approximately $34,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter worth approximately $48,000. Finally, PNC Financial Services Group Inc. increased its position in shares of Neuberger Berman Real Estate Securities Income Fund by 133.5% during the first quarter. PNC Financial Services Group Inc. now owns 17,604 shares of the company’s stock worth $50,000 after buying an additional 10,065 shares during the period.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Shares of NYSEAMERICAN:NRO traded up $0.02 during midday trading on Friday, hitting $3.06. 453,535 shares of the stock were exchanged, compared to its average volume of 299,054. The business’s 50-day moving average price is $3.00 and its 200 day moving average price is $3.00. Neuberger Berman Real Estate Securities Income Fund has a 12 month low of $2.74 and a 12 month high of $3.37.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $0.0312 dividend. This represents a c) dividend on an annualized basis and a yield of 12.2%. The ex-dividend date is Wednesday, July 15th.

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.