Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Down 36.1% in July

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 11,700 shares, a decline of 36.1% from the June 30th total of 18,300 shares. Based on an average daily trading volume, of 69,800 shares, the short-interest ratio is currently 0.2 days.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.1 %

Shares of LDP traded down $0.02 during trading hours on Friday, hitting $19.73. The company had a trading volume of 86,735 shares, compared to its average volume of 81,191. The stock’s 50 day moving average price is $19.85 and its 200 day moving average price is $19.63. Cohen & Steers Limited Duration Preferred and Income Fund has a 52-week low of $16.42 and a 52-week high of $20.45.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 10th will be paid a $0.131 dividend. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $1.57 annualized dividend and a dividend yield of 7.97%.

Institutional Trading of Cohen & Steers Limited Duration Preferred and Income Fund

Several large investors have recently modified their holdings of the business. Lynx Investment Advisory bought a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 2nd quarter valued at approximately $39,000. Nomura Holdings Inc. bought a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 4th quarter valued at approximately $253,000. Mutual Advisors LLC bought a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 4th quarter valued at approximately $296,000. Everpar Advisors LLC bought a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 4th quarter valued at approximately $390,000. Finally, Janney Montgomery Scott LLC boosted its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 90.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 21,013 shares of the company’s stock worth $422,000 after purchasing an additional 9,994 shares in the last quarter.

About Cohen & Steers Limited Duration Preferred and Income Fund

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc is a diversified and closed-end management investment company, which invests in the preferred and other securities issued by the U.S. and non-U.S. companies. Its objective is to provide high current income and capital appreciation. The company was founded on May 5, 2012 and is headquartered in New York, NY.