Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Short Interest Down 64.3% in December

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 22,400 shares, a drop of 64.3% from the November 30th total of 62,700 shares. Based on an average daily volume of 116,200 shares, the days-to-cover ratio is currently 0.2 days.

Neuberger Berman Real Estate Securities Income Fund Price Performance

Shares of NYSEAMERICAN:NRO remained flat at $3.48 during midday trading on Thursday. 36,428 shares of the company were exchanged, compared to its average volume of 152,979. 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 dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a dividend of $0.0312 per share. The ex-dividend date is Monday, December 16th.

Institutional Investors Weigh In On Neuberger Berman Real Estate Securities Income Fund

Large investors have recently made changes to their positions in the company. Fisher Asset Management LLC purchased a new stake in Neuberger Berman Real Estate Securities Income Fund during the third quarter valued at $43,000. Virtu Financial LLC bought a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter valued at about $59,000. Shaker Financial Services LLC purchased a new position in Neuberger Berman Real Estate Securities Income Fund in the second quarter worth about $53,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in Neuberger Berman Real Estate Securities Income Fund by 42.0% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,194 shares of the company’s stock worth $75,000 after acquiring an additional 5,378 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. increased its stake in Neuberger Berman Real Estate Securities Income Fund by 33.3% during the second quarter. B. Riley Wealth Advisors Inc. now owns 20,000 shares of the company’s stock worth $67,000 after acquiring an additional 5,000 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.