Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 207,500 shares, a decrease of 15.2% from the September 30th total of 244,600 shares. Based on an average trading volume of 123,200 shares, the short-interest ratio is currently 1.7 days.
Neuberger Berman Real Estate Securities Income Fund Stock Performance
Shares of Neuberger Berman Real Estate Securities Income Fund stock traded up $0.02 on Wednesday, hitting $3.94. 121,066 shares of the company’s stock traded hands, compared to its average volume of 159,242. Neuberger Berman Real Estate Securities Income Fund has a one year low of $2.54 and a one year high of $4.15.
Neuberger Berman Real Estate Securities Income Fund Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be issued a dividend of $0.0312 per share. This represents a $0.37 dividend on an annualized basis and a dividend yield of 9.51%. The ex-dividend date of this dividend is Tuesday, October 15th.
Institutional Inflows and Outflows
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.
Featured Articles
- Five stocks we like better than Neuberger Berman Real Estate Securities Income Fund
- 3 REITs to Buy and Hold for the Long Term
- Boeing: Why Analysts Think Now’s The Time To Be Brave
- Following Congress Stock Trades
- Advanced Micro Devices is Building Momentum with AI: Buy the Dip
- How to Effectively Use the MarketBeat Ratings Screener
- Can Evolv Stock Recover From Its Massive Self-Inflicted Drop?
Receive News & Ratings for Neuberger Berman Real Estate Securities Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neuberger Berman Real Estate Securities Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.