Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP – Get Free Report) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 35,084 shares, a drop of 60.6% from the July 15th total of 89,026 shares. Based on an average trading volume of 48,104 shares, the days-to-cover ratio is currently 0.7 days.
Institutional Trading of Cohen & Steers Limited Duration Preferred and Income Fund
Institutional investors and hedge funds have recently bought and sold shares of the stock. Glaxis Capital Management LLC raised its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 33.2% in the fourth quarter. Glaxis Capital Management LLC now owns 231,800 shares of the company’s stock worth $4,907,000 after purchasing an additional 57,800 shares in the last quarter. Platt Wealth Management LLC bought a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 4th quarter worth about $1,762,000. Readystate Asset Management LP bought a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 1st quarter worth about $533,000. Breachway Investments LLC purchased a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the 4th quarter valued at about $1,013,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 20,581.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,316,921 shares of the company’s stock worth $49,049,000 after purchasing an additional 2,305,718 shares during the period.
Cohen & Steers Limited Duration Preferred and Income Fund Price Performance
Shares of Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.70 on Friday. Cohen & Steers Limited Duration Preferred and Income Fund has a 12-month low of $19.35 and a 12-month high of $22.05. The company’s fifty day simple moving average is $20.84 and its two-hundred day simple moving average is $20.82.
Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend
About Cohen & Steers Limited Duration Preferred and Income Fund
Cohen & Steers Limited Duration Preferred and Income Fund, Inc (NYSE: LDP) is a closed-end management investment company that seeks to provide investors with current income while managing interest-rate sensitivity. The fund primarily invests in a diversified portfolio of preferred securities and other income-producing instruments, combining yield potential with a strategy tailored to limit fluctuations in response to changing interest-rate environments.
Its investment approach focuses on preferred and hybrid securities issued by corporations across sectors such as financial institutions, utilities, real estate investment trusts (REITs) and other industries.
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