Short Interest in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Declines By 64.3%

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 22,400 shares, a decrease of 64.3% from the November 30th total of 62,700 shares. Based on an average daily volume of 116,200 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Neuberger Berman Real Estate Securities Income Fund

Large investors have recently added to or reduced their stakes in the business. SeaCrest Wealth Management LLC raised its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 6.3% in the third quarter. SeaCrest Wealth Management LLC now owns 65,871 shares of the company’s stock worth $271,000 after buying an additional 3,885 shares during the period. B. Riley Wealth Advisors Inc. boosted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 33.3% in the second quarter. B. Riley Wealth Advisors Inc. now owns 20,000 shares of the company’s stock worth $67,000 after purchasing an additional 5,000 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 42.0% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,194 shares of the company’s stock worth $75,000 after purchasing an additional 5,378 shares in the last quarter. Fisher Asset Management LLC bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the 3rd quarter valued at $43,000. Finally, Private Advisor Group LLC lifted its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 28.0% during the 3rd quarter. Private Advisor Group LLC now owns 50,925 shares of the company’s stock valued at $209,000 after buying an additional 11,125 shares in the last quarter.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Shares of Neuberger Berman Real Estate Securities Income Fund stock remained flat at $3.48 during trading on Thursday. The company had a trading volume of 36,428 shares, compared to its average volume of 152,979. Neuberger Berman Real Estate Securities Income Fund has a 12 month low of $2.99 and a 12 month high of $4.15.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a $0.0312 dividend. The ex-dividend date of this dividend is Monday, December 16th.

Neuberger Berman Real Estate Securities Income Fund Company Profile

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.