Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Up 347.8% in September

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totalling 10,300 shares, an increase of 347.8% from the August 31st total of 2,300 shares. Based on an average daily volume of 80,700 shares, the short-interest ratio is presently 0.1 days.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

LDP stock traded up $0.20 during trading on Friday, hitting $21.50. 48,804 shares of the company’s stock traded hands, compared to its average volume of 80,230. The business has a fifty day simple moving average of $20.23 and a two-hundred day simple moving average of $19.91. Cohen & Steers Limited Duration Preferred and Income Fund has a 1 year low of $16.42 and a 1 year high of $21.67.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Sanctuary Advisors LLC acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 2nd quarter valued at $6,994,000. Creative Planning raised its position in Cohen & Steers Limited Duration Preferred and Income Fund by 6.8% during the second quarter. Creative Planning now owns 21,400 shares of the company’s stock worth $426,000 after acquiring an additional 1,368 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 12.3% in the second quarter. Envestnet Asset Management Inc. now owns 154,351 shares of the company’s stock valued at $3,072,000 after purchasing an additional 16,964 shares in the last quarter. Choreo LLC lifted its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 5.6% during the second quarter. Choreo LLC now owns 31,678 shares of the company’s stock valued at $630,000 after buying an additional 1,687 shares during the period. Finally, Ashton Thomas Private Wealth LLC purchased a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the second quarter valued at approximately $125,000.

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.