Neuberger Berman Real Estate Sec Inc Fd (NYSEAMERICAN:NRO) was the recipient of a large decrease in short interest in January. As of January 31st, there was short interest totalling 179,813 shares, a decrease of 25.6% from the January 12th total of 241,749 shares. Based on an average trading volume of 537,984 shares, the short-interest ratio is currently 0.3 days.
Neuberger Berman Real Estate Sec Inc Fd (NYSEAMERICAN NRO) remained flat at $$4.63 during trading on Friday. 566,116 shares of the company were exchanged, compared to its average volume of 436,943. Neuberger Berman Real Estate Sec Inc Fd has a 1 year low of $4.29 and a 1 year high of $5.70.
The company also recently declared a monthly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Thursday, February 15th will be issued a $0.045 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $0.54 annualized dividend and a yield of 11.66%.
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About Neuberger Berman Real Estate Sec Inc Fd
Neuberger Berman Real Estate Securities Income Fund Inc is a non-diversified, closed-end management investment company. The Fund seeks to provide high current income with capital appreciation as a secondary objective. It has a portfolio with a mix of equity securities of real estate investment trusts (REITs) and other real estate companies.
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