Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) Sees Significant Growth in Short Interest

Posted by Brenda Bartman on Sep 14th, 2026

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP – Get Free Report) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 20,754 shares, an increase of 121.3% from the August 15th total of 9,379 shares. Based on an average trading volume of 110,270 shares, the days-to-cover ratio is presently 0.2 days.

Cohen & Steers REIT and Preferred Income Fund Trading Down 0.7%

Shares of RNP traded down $0.13 during mid-day trading on Monday, reaching $19.54. The company’s stock had a trading volume of 48,471 shares, compared to its average volume of 120,035. Cohen & Steers REIT and Preferred Income Fund has a 12-month low of $19.27 and a 12-month high of $22.58. The company’s 50 day moving average is $20.41 and its 200 day moving average is $20.59.

Cohen & Steers REIT and Preferred Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be issued a $0.136 dividend. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date of this dividend is Tuesday, September 8th.

Hedge Funds Weigh In On Cohen & Steers REIT and Preferred Income Fund

Several hedge funds have recently added to or reduced their stakes in the stock. Heritage Wealth Advisors acquired a new stake in Cohen & Steers REIT and Preferred Income Fund during the fourth quarter worth approximately $35,000. Integrated Wealth Concepts LLC acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the 2nd quarter valued at $44,000. US Bancorp DE grew its position in shares of Cohen & Steers REIT and Preferred Income Fund by 182.1% in the 3rd quarter. US Bancorp DE now owns 3,557 shares of the investment management company’s stock valued at $80,000 after buying an additional 2,296 shares during the last quarter. Keating Financial Advisory Services Inc. purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the 2nd quarter valued at $77,000. Finally, Triumph Capital Management purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the 3rd quarter valued at $109,000.

Cohen & Steers REIT and Preferred Income Fund Company Profile

(Get Free Report)

Cohen & Steers® REIT and Preferred Income Fund, Inc (NYSE: RNP) is a closed-end management investment company that seeks to provide current income and, to a lesser extent, capital appreciation. The Fund pursues its objectives by investing primarily in equity real estate investment trusts (REITs) and preferred securities issued by U.S. and non-U.S. real estate companies. It employs a research-driven, bottom-up selection process to identify securities that offer attractive income yields while seeking to manage downside risk through diversification across sectors and geographies.

In its equity portfolio, the Fund typically holds shares of publicly traded REITs spanning property types such as industrial, office, retail, residential and specialty real estate.