Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Up 16.2% in February

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 31,500 shares, an increase of 16.2% from the February 13th total of 27,100 shares. Based on an average trading volume of 79,900 shares, the days-to-cover ratio is currently 0.4 days.

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

NYSE LDP traded up $0.03 during trading on Thursday, hitting $20.41. The company had a trading volume of 33,640 shares, compared to its average volume of 69,487. The company’s fifty day moving average is $20.66 and its 200-day moving average is $20.87. Cohen & Steers Limited Duration Preferred and Income Fund has a one year low of $18.81 and a one year high of $21.87.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were issued a $0.131 dividend. The ex-dividend date was Tuesday, January 14th. This represents a yield of 7.83%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Sanctuary Advisors LLC lifted its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 4.4% in the 4th quarter. Sanctuary Advisors LLC now owns 61,455 shares of the company’s stock valued at $1,276,000 after purchasing an additional 2,605 shares during the period. Wealthcare Advisory Partners LLC purchased a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the fourth quarter valued at $481,000. NewEdge Wealth LLC lifted its position in Cohen & Steers Limited Duration Preferred and Income Fund by 3.6% during the fourth quarter. NewEdge Wealth LLC now owns 152,981 shares of the company’s stock valued at $3,090,000 after buying an additional 5,300 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 66.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 64,290 shares of the company’s stock valued at $1,398,000 after buying an additional 25,604 shares in the last quarter. Finally, Capital Investment Advisors LLC grew its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 261.8% in the 4th quarter. Capital Investment Advisors LLC now owns 65,786 shares of the company’s stock worth $1,329,000 after buying an additional 47,601 shares during the period.

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.