Neuberger Berman Real Estate Sec Inc Fd (NRO) Short Interest Update

Neuberger Berman Real Estate Sec Inc Fd (NYSEAMERICAN:NRO) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 187,916 shares, a growth of 44.4% from the November 30th total of 130,114 shares. Based on an average trading volume of 163,745 shares, the days-to-cover ratio is presently 1.1 days.

Several institutional investors have recently made changes to their positions in NRO. Cambridge Investment Research Advisors Inc. increased its position in shares of Neuberger Berman Real Estate Sec Inc Fd by 9.6% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 74,678 shares of the company’s stock valued at $403,000 after purchasing an additional 6,549 shares during the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Neuberger Berman Real Estate Sec Inc Fd by 11.3% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 77,416 shares of the company’s stock valued at $418,000 after purchasing an additional 7,835 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Neuberger Berman Real Estate Sec Inc Fd by 130.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 24,551 shares of the company’s stock valued at $133,000 after acquiring an additional 13,913 shares during the period. Advisor Group Inc. boosted its holdings in Neuberger Berman Real Estate Sec Inc Fd by 8.1% during the 2nd quarter. Advisor Group Inc. now owns 49,592 shares of the company’s stock valued at $268,000 after acquiring an additional 3,700 shares during the period. Finally, Doliver Capital Advisors LP boosted its holdings in Neuberger Berman Real Estate Sec Inc Fd by 194.1% during the 2nd quarter. Doliver Capital Advisors LP now owns 49,867 shares of the company’s stock valued at $271,000 after acquiring an additional 32,912 shares during the period.

Shares of Neuberger Berman Real Estate Sec Inc Fd (NYSEAMERICAN:NRO) traded up $0.02 during trading on Wednesday, hitting $5.50. The stock had a trading volume of 126,890 shares, compared to its average volume of 223,723. Neuberger Berman Real Estate Sec Inc Fd has a 12-month low of $5.07 and a 12-month high of $5.70.

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a dividend of $0.045 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.54 annualized dividend and a dividend yield of 9.82%.

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Neuberger Berman Real Estate Sec Inc Fd Company Profile

Neuberger Berman Real Estate Securities Income Fund Inc is a non-diversified, closed-end management investment company. The Fund seeks to provide high current income with capital appreciation as a secondary objective. It has a portfolio with a mix of equity securities of real estate investment trusts (REITs) and other real estate companies.

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