Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Down 19.0% in December

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 71,600 shares, a drop of 19.0% from the November 30th total of 88,400 shares. Based on an average daily volume of 71,300 shares, the days-to-cover ratio is currently 1.0 days.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

Cohen & Steers Limited Duration Preferred and Income Fund stock traded down $0.08 during mid-day trading on Monday, reaching $20.17. The company’s stock had a trading volume of 139,416 shares, compared to its average volume of 78,177. Cohen & Steers Limited Duration Preferred and Income Fund has a twelve month low of $18.45 and a twelve month high of $21.87. The business has a 50 day moving average price of $20.97 and a 200-day moving average price of $20.59.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 11th will be issued a $0.131 dividend. This represents a $1.57 annualized dividend and a dividend yield of 7.79%. The ex-dividend date of this dividend is Tuesday, March 11th.

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

Several institutional investors and hedge funds have recently bought and sold shares of LDP. Wolverine Asset Management LLC bought a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the second quarter worth about $76,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the second quarter valued at approximately $125,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the third quarter valued at approximately $326,000. Caprock Group LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the third quarter worth approximately $327,000. Finally, Prospera Financial Services Inc grew its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 4.4% in the 3rd quarter. Prospera Financial Services Inc now owns 16,076 shares of the company’s stock worth $350,000 after buying an additional 676 shares in the last quarter.

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.