Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Down 65.0% in March

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 4,200 shares, a decline of 65.0% from the March 15th total of 12,000 shares. Based on an average daily volume of 82,800 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Cohen & Steers Limited Duration Preferred and Income Fund

A number of hedge funds have recently bought and sold shares of LDP. Vermillion Wealth Management Inc. bought a new stake in Cohen & Steers Limited Duration Preferred and Income Fund in the 4th quarter valued at about $35,000. Dunhill Financial LLC raised its holdings in 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 buying an additional 1,000 shares during the period. Wolverine Asset Management LLC acquired a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 4th quarter worth about $86,000. Magnus Financial Group LLC purchased a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the fourth quarter worth $299,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the 3rd quarter valued at $326,000.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Up 1.1 %

Shares of NYSE LDP traded up $0.21 on Tuesday, hitting $19.11. The company’s stock had a trading volume of 62,017 shares, compared to its average volume of 76,253. Cohen & Steers Limited Duration Preferred and Income Fund has a 12-month low of $18.38 and a 12-month high of $21.87. The stock has a 50 day moving average of $20.33 and a 200-day moving average of $20.72.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

The business also recently disclosed a — dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be given a $0.131 dividend. This represents a yield of 7.7%. The ex-dividend date is Tuesday, June 10th.

Cohen & Steers Limited Duration Preferred and Income Fund Company Profile

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.