Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) Short Interest Down 31.5% in February

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 20,700 shares, a decrease of 31.5% from the February 13th total of 30,200 shares. Based on an average daily trading volume, of 33,300 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Ameriflex Group Inc. bought a new position in shares of Cohen & Steers Select Preferred and Income Fund during the 4th quarter valued at about $99,000. Pettinga Financial Advisors LLC bought a new position in shares of Cohen & Steers Select Preferred and Income Fund during the 4th quarter valued at about $506,000. Comerica Bank boosted its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 35.9% during the 4th quarter. Comerica Bank now owns 4,679 shares of the company’s stock valued at $93,000 after purchasing an additional 1,235 shares during the last quarter. Guggenheim Capital LLC boosted its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 43.1% during the 4th quarter. Guggenheim Capital LLC now owns 181,511 shares of the company’s stock valued at $3,588,000 after purchasing an additional 54,664 shares during the last quarter. Finally, Walleye Capital LLC bought a new position in shares of Cohen & Steers Select Preferred and Income Fund during the 4th quarter valued at about $206,000.

Cohen & Steers Select Preferred and Income Fund Trading Up 0.6 %

Cohen & Steers Select Preferred and Income Fund stock traded up $0.12 during mid-day trading on Monday, hitting $19.91. The stock had a trading volume of 31,017 shares, compared to its average volume of 30,746. The firm’s 50 day moving average is $20.12 and its 200 day moving average is $20.38. Cohen & Steers Select Preferred and Income Fund has a one year low of $18.45 and a one year high of $21.60.

Cohen & Steers Select Preferred and Income Fund Announces Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were issued a $0.126 dividend. This represents a yield of 7.73%. The ex-dividend date of this dividend was Tuesday, January 14th.

Cohen & Steers Select Preferred and Income Fund Company Profile

Cohen & Steers Select Preferred and Income Fund, Inc is a closed ended fixed income mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the fixed income markets across the globe. It also invests some portion of its portfolio in other open-end funds, closed-end funds, or exchange traded funds that invest primarily in preferred and/or debt securities.