Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) Short Interest Down 12.6% in January

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 7,600 shares, a decrease of 12.6% from the December 31st total of 8,700 shares. Based on an average trading volume of 158,700 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund

Institutional investors have recently added to or reduced their stakes in the business. Avior Wealth Management LLC purchased a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the 4th quarter valued at about $95,000. Janney Montgomery Scott LLC purchased a new stake in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the fourth quarter valued at approximately $193,000. Journey Strategic Wealth LLC grew its holdings in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 11.9% in the fourth quarter. Journey Strategic Wealth LLC now owns 13,150 shares of the company’s stock worth $253,000 after purchasing an additional 1,400 shares during the last quarter. Modera Wealth Management LLC increased its stake in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 10.2% in the third quarter. Modera Wealth Management LLC now owns 12,126 shares of the company’s stock worth $255,000 after buying an additional 1,126 shares during the period. Finally, Virtu Financial LLC bought a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the 3rd quarter valued at $265,000.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Trading Up 0.4 %

Shares of NYSE PTA opened at $19.99 on Friday. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a one year low of $18.19 and a one year high of $21.28. The firm’s 50 day simple moving average is $19.65 and its two-hundred day simple moving average is $20.12.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 11th will be given a $0.134 dividend. This represents a $1.61 dividend on an annualized basis and a yield of 8.05%. The ex-dividend date of this dividend is Tuesday, March 11th.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Company Profile

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund is a close-end fixed income mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in fixed income markets of global region. The fund invests directly and through derivates in preferred stock and debt securities, floating-rate and fixed-to-floating-rate preferred securities, fixed- and floating-rate corporate debt securities, convertible securities, contingent capital securities that are rated BBB- or above by S&P.