Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Short Interest Update

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 102,000 shares, an increase of 81.8% from the February 28th total of 56,100 shares. Based on an average daily trading volume, of 335,900 shares, the short-interest ratio is currently 0.3 days.

Neuberger Berman Real Estate Securities Income Fund Price Performance

Neuberger Berman Real Estate Securities Income Fund stock remained flat at $3.29 during mid-day trading on Friday. 194,622 shares of the company’s stock were exchanged, compared to its average volume of 178,467. 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 Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a dividend of $0.0312 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.37 annualized dividend and a yield of 11.38%.

Institutional Trading of Neuberger Berman Real Estate Securities Income Fund

A number of institutional investors have recently bought and sold shares of NRO. Flagship Harbor Advisors LLC acquired a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the fourth quarter valued at approximately $2,027,000. Independent Advisor Alliance purchased a new stake in Neuberger Berman Real Estate Securities Income Fund in the 4th quarter valued at approximately $1,516,000. World Investment Advisors grew its holdings in Neuberger Berman Real Estate Securities Income Fund by 44.4% during the 4th quarter. World Investment Advisors now owns 223,650 shares of the company’s stock valued at $794,000 after buying an additional 68,750 shares during the last quarter. World Investment Advisors LLC purchased a new position in Neuberger Berman Real Estate Securities Income Fund during the third quarter worth $637,000. Finally, Atria Wealth Solutions Inc. raised its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 51.5% in the fourth quarter. Atria Wealth Solutions Inc. now owns 148,922 shares of the company’s stock worth $529,000 after acquiring an additional 50,622 shares during the last quarter.

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.