Brookfield Real Assets Income Fund Inc. (NYSE:RA) Sees Significant Increase in Short Interest

Brookfield Real Assets Income Fund Inc. (NYSE:RA) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 98,304 shares, a growth of 72.0% from the June 30th total of 57,147 shares. Based on an average trading volume of 129,643 shares, the short-interest ratio is presently 0.8 days.

Brookfield Real Assets Income Fund Trading Up 0.3%

RA opened at $12.81 on Friday. The stock has a fifty day simple moving average of $12.79 and a two-hundred day simple moving average of $12.93. Brookfield Real Assets Income Fund has a 12-month low of $12.50 and a 12-month high of $13.59.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be given a $0.118 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a c) dividend on an annualized basis and a dividend yield of 11.1%. Brookfield Real Assets Income Fund’s dividend payout ratio is currently -1,390.91%.

Insider Activity at Brookfield Real Assets Income Fund

In related news, Director Heather S. Goldman sold 2,750 shares of Brookfield Real Assets Income Fund stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $12.72, for a total transaction of $34,980.00. Following the sale, the director directly owned 22 shares in the company, valued at $279.84. The trade was a 99.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Mallini Complete Financial Planning LLC boosted its stake in Brookfield Real Assets Income Fund by 6.2% during the second quarter. Mallini Complete Financial Planning LLC now owns 19,121 shares of the company’s stock worth $246,000 after acquiring an additional 1,111 shares in the last quarter. Noble Wealth Management PBC boosted its position in shares of Brookfield Real Assets Income Fund by 6.8% in the 2nd quarter. Noble Wealth Management PBC now owns 135,360 shares of the company’s stock worth $1,743,000 after purchasing an additional 8,605 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Brookfield Real Assets Income Fund by 2.5% in the 1st quarter. Bank of America Corp DE now owns 423,193 shares of the company’s stock worth $5,442,000 after buying an additional 10,307 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Brookfield Real Assets Income Fund by 12.0% in the 1st quarter. First Trust Advisors LP now owns 181,293 shares of the company’s stock worth $2,331,000 after buying an additional 19,365 shares during the last quarter. Finally, Independent Financial Group LLC bought a new position in Brookfield Real Assets Income Fund during the 1st quarter valued at approximately $464,000.

About Brookfield Real Assets Income Fund

Brookfield Real Assets Income Fund Inc (NYSE:RA) is a closed-end management investment company launched in June 2020. The fund is sponsored and managed by Brookfield Asset Management, one of the world’s largest alternative asset managers. RA seeks to provide investors with high current income and long-term capital growth by acquiring a diversified portfolio of real assets and related securities.

The fund’s investment strategy focuses on real estate, infrastructure, renewable energy and private credit investments.