Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Short Interest Down 23.9% in November

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 62,700 shares, a drop of 23.9% from the November 15th total of 82,400 shares. Based on an average daily volume of 106,500 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Neuberger Berman Real Estate Securities Income Fund

A number of hedge funds have recently bought and sold shares of NRO. Fisher Asset Management LLC purchased a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the third quarter valued at about $43,000. Virtu Financial LLC purchased a new stake in Neuberger Berman Real Estate Securities Income Fund during the third quarter valued at approximately $59,000. Shaker Financial Services LLC acquired a new stake in Neuberger Berman Real Estate Securities Income Fund in the second quarter valued at approximately $53,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in Neuberger Berman Real Estate Securities Income Fund by 42.0% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,194 shares of the company’s stock valued at $75,000 after acquiring an additional 5,378 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its holdings in Neuberger Berman Real Estate Securities Income Fund by 33.3% in the second quarter. B. Riley Wealth Advisors Inc. now owns 20,000 shares of the company’s stock worth $67,000 after purchasing an additional 5,000 shares during the last quarter.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

NYSEAMERICAN:NRO opened at $3.64 on Monday. Neuberger Berman Real Estate Securities Income Fund has a one year low of $2.99 and a one year high of $4.15.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a $0.0312 dividend. The ex-dividend date of this dividend is Monday, December 16th.

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.