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

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

Hedge Funds Weigh In On Neuberger Berman Real Estate Securities Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. World Investment Advisors LLC bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the third quarter worth approximately $637,000. Virtu Financial LLC purchased a new stake in Neuberger Berman Real Estate Securities Income Fund in the third quarter worth approximately $59,000. Fisher Asset Management LLC bought a new stake in Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter worth approximately $43,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in Neuberger Berman Real Estate Securities Income Fund by 42.0% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,194 shares of the company’s stock valued at $75,000 after buying an additional 5,378 shares during the last quarter. Finally, Private Advisor Group LLC lifted its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 28.0% during the 3rd quarter. Private Advisor Group LLC now owns 50,925 shares of the company’s stock valued at $209,000 after buying an additional 11,125 shares during the period.

Neuberger Berman Real Estate Securities Income Fund Trading Down 0.3 %

NRO stock opened at $3.64 on Monday. 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 firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be given a $0.0312 dividend. The ex-dividend date is Monday, December 16th.

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.