Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Down 68.4% in July

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totalling 3,700 shares, a decrease of 68.4% from the July 15th total of 11,700 shares. Based on an average trading volume of 70,800 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Cohen & Steers Limited Duration Preferred and Income Fund

Hedge funds have recently bought and sold shares of the business. NewEdge Wealth LLC raised its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 657.4% during the fourth quarter. NewEdge Wealth LLC now owns 95,077 shares of the company’s stock valued at $1,752,000 after purchasing an additional 82,524 shares in the last quarter. Glaxis Capital Management LLC purchased a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the fourth quarter valued at $1,703,000. UBS Group AG raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 1.9% in the fourth quarter. UBS Group AG now owns 1,453,730 shares of the company’s stock valued at $26,792,000 after acquiring an additional 27,551 shares during the period. Nomura Holdings Inc. purchased a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the fourth quarter valued at $253,000. Finally, Cerity Partners LLC raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 4.6% in the fourth quarter. Cerity Partners LLC now owns 71,160 shares of the company’s stock valued at $1,311,000 after acquiring an additional 3,160 shares during the period.

Cohen & Steers Limited Duration Preferred and Income Fund Price Performance

Shares of NYSE:LDP traded up $0.11 during midday trading on Thursday, reaching $19.68. 98,414 shares of the company were exchanged, compared to its average volume of 81,038. The business’s fifty day moving average is $19.84 and its two-hundred day moving average is $19.71. Cohen & Steers Limited Duration Preferred and Income Fund has a one year low of $16.42 and a one year high of $20.45.

Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 10th will be given a dividend of $0.131 per share. The ex-dividend date is Tuesday, September 10th. This represents a $1.57 dividend on an annualized basis and a dividend yield of 7.99%.

Cohen & Steers Limited Duration Preferred and Income Fund Company Profile

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.