Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Down 61.9% in March

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 12,000 shares, a drop of 61.9% from the February 28th total of 31,500 shares. Based on an average trading volume of 75,300 shares, the days-to-cover ratio is currently 0.2 days.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Down 0.1 %

Shares of LDP stock traded down $0.02 on Friday, hitting $20.38. 59,092 shares of the stock traded hands, compared to its average volume of 72,256. Cohen & Steers Limited Duration Preferred and Income Fund has a twelve month low of $18.81 and a twelve month high of $21.87. The firm’s 50-day moving average price is $20.68 and its two-hundred day moving average price is $20.87.

Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 8th will be paid a $0.131 dividend. The ex-dividend date is Tuesday, April 8th. This represents a $1.57 annualized dividend and a dividend yield of 7.71%.

Institutional Trading of Cohen & Steers Limited Duration Preferred and Income Fund

Several institutional investors have recently made changes to their positions in LDP. Synovus Financial Corp increased its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 0.4% during the third quarter. Synovus Financial Corp now owns 164,008 shares of the company’s stock worth $3,567,000 after acquiring an additional 590 shares during the last quarter. Dunhill Financial LLC grew its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 100.0% during the 4th quarter. Dunhill Financial LLC now owns 2,000 shares of the company’s stock worth $40,000 after purchasing an additional 1,000 shares during the period. Comerica Bank increased its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 1.9% during the 4th quarter. Comerica Bank now owns 63,741 shares of the company’s stock worth $1,288,000 after purchasing an additional 1,200 shares during the last quarter. Oder Investment Management LLC raised its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 2.1% in the 4th quarter. Oder Investment Management LLC now owns 65,649 shares of the company’s stock valued at $1,326,000 after buying an additional 1,326 shares during the period. Finally, Vermillion Wealth Management Inc. acquired a new position in Cohen & Steers Limited Duration Preferred and Income Fund in the fourth quarter valued at about $35,000.

About Cohen & Steers Limited Duration Preferred and Income Fund

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc is a diversified and closed-end management investment company, which invests in the preferred and other securities issued by the U.S. and non-U.S. companies. Its objective is to provide high current income and capital appreciation. The company was founded on May 5, 2012 and is headquartered in New York, NY.