Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Short Interest Down 15.2% in October

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 207,500 shares, a decrease of 15.2% from the September 30th total of 244,600 shares. Based on an average daily trading volume, of 123,200 shares, the days-to-cover ratio is presently 1.7 days.

Neuberger Berman Real Estate Securities Income Fund Price Performance

NYSEAMERICAN NRO remained flat at $3.92 during trading hours on Tuesday. The company had a trading volume of 51,478 shares, compared to its average volume of 159,425. Neuberger Berman Real Estate Securities Income Fund has a 12 month low of $2.51 and a 12 month high of $4.15.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be paid a dividend of $0.0312 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 9.55%.

Institutional Investors Weigh In On Neuberger Berman Real Estate Securities Income Fund

Institutional investors have recently bought and sold shares of the company. SeaCrest Wealth Management LLC grew its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 9.5% during the first quarter. SeaCrest Wealth Management LLC now owns 61,458 shares of the company’s stock worth $205,000 after buying an additional 5,325 shares in the last quarter. Advisor Resource Council acquired a new stake in Neuberger Berman Real Estate Securities Income Fund in the 1st quarter valued at about $83,000. Hartline Investment Corp purchased a new position in Neuberger Berman Real Estate Securities Income Fund in the 1st quarter worth approximately $42,000. Larson Financial Group LLC boosted its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 61.1% during the 1st quarter. Larson Financial Group LLC now owns 8,297 shares of the company’s stock worth $28,000 after purchasing an additional 3,147 shares during the last quarter. Finally, Atomi Financial Group Inc. purchased a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the first quarter valued at approximately $38,000.

About Neuberger Berman Real Estate Securities Income Fund

Neuberger Berman Real Estate Securities Income Fund, Inc is a closed-ended equity mutual fund launched and managed by Neuberger Berman LLC. It is co-managed by Neuberger Berman Management LLC. The fund invests in the public equity markets of the United States. It typically invests in stocks of companies operating in the real estate sector including real estate investment trusts.