Cohen & Steers REIT和Preferred Income Fund，Inc.的空头权益(NYSE：RNP）扩张25.5%

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP – Get Rating) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 41,400 shares, an increase of 25.5% from the February 28th total of 33,000 shares. Based on an average trading volume of 110,200 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in RNP. Penserra Capital Management LLC bought a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the 1st quarter worth about $5,700,000. Ellis Investment Partners LLC increased its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 19.7% during the 4th quarter. Ellis Investment Partners LLC now owns 912,789 shares of the investment management company's stock worth $18,603,000 after purchasing an additional 150,008 shares during the period. International Assets Investment Management LLC bought a new stake in Cohen & Steers REIT and Preferred Income Fund in the fourth quarter valued at about $1,653,000. Bank of America Corp DE increased its stake in Cohen & Steers REIT and Preferred Income Fund by 9.7% in the fourth quarter. Bank of America Corp DE now owns 746,946 shares of the investment management company's stock valued at $15,223,000 after acquiring an additional 65,963 shares during the period. Finally, FourThought Financial Partners LLC bought a new stake in Cohen & Steers REIT and Preferred Income Fund in the fourth quarter valued at about $1,250,000.

Cohen & Steers REIT and Preferred Income Fund Stock Up 2.6 %

Cohen & Steers REIT and Preferred Income Fund stock traded up $0.49 on Friday, reaching $19.51. 149,971 shares of the stock were exchanged, compared to its average volume of 107,188. The firm has a fifty day moving average price of $20.98 and a two-hundred day moving average price of $21.19. Cohen & Steers REIT and Preferred Income Fund has a twelve month low of $17.86 and a twelve month high of $27.36.

Cohen & Steers REIT and Preferred Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 30th. Stockholders of record on Wednesday, June 14th will be issued a dividend of $0.136 per share. The ex-dividend date is Tuesday, June 13th. This represents a $1.63 annualized dividend and a dividend yield of 8.36%.

Cohen & Steers REIT and Preferred Income Fund Company Profile

(Get Rating)

Cohen & Steers REIT and Preferred Income Fund, Inc is a closed-ended balanced mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in the stocks of companies operating in the real estate sector including real estate investment trusts.

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