Short Interest in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Drops By 23.9%

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) saw a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 62,700 shares, a drop of 23.9% from the November 15th total of 82,400 shares. Based on an average daily trading volume, of 106,500 shares, the days-to-cover ratio is presently 0.6 days.

Neuberger Berman Real Estate Securities Income Fund Trading Down 0.3 %

Neuberger Berman Real Estate Securities Income Fund stock traded down $0.01 during trading hours on Friday, hitting $3.64. 104,508 shares of the stock traded hands, compared to its average volume of 152,283. Neuberger Berman Real Estate Securities Income Fund has a 1 year low of $2.99 and a 1 year high of $4.15.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be given a dividend of $0.0312 per share. The ex-dividend date of this dividend is Monday, December 16th.

Institutional Trading of Neuberger Berman Real Estate Securities Income Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Fisher Asset Management LLC acquired a new position in Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter worth about $43,000. Virtu Financial LLC purchased a new position in shares of Neuberger Berman Real Estate Securities Income Fund during the 3rd quarter valued at approximately $59,000. Shaker Financial Services LLC acquired a new stake in Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at $53,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in Neuberger Berman Real Estate Securities Income Fund by 42.0% in the 3rd 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 acquiring an additional 5,378 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in Neuberger Berman Real Estate Securities Income Fund by 33.3% during the second quarter. B. Riley Wealth Advisors Inc. now owns 20,000 shares of the company’s stock valued at $67,000 after purchasing an additional 5,000 shares in the last quarter.

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.