Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) Stock Short Interest Rises 135.5%

Posted by Francis Steltz on Sep 27th, 2026

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP – Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 48,880 shares, an increase of 135.5% from the August 31st total of 20,754 shares. Based on an average daily volume of 117,956 shares, the days-to-cover ratio is currently 0.4 days.

Cohen & Steers REIT and Preferred Income Fund Stock Down 0.3%

Shares of NYSE RNP traded down $0.07 during mid-day trading on Friday, reaching $18.93. The company had a trading volume of 123,987 shares, compared to its average volume of 120,752. The business’s 50-day simple moving average is $20.16 and its 200 day simple moving average is $20.43. Cohen & Steers REIT and Preferred Income Fund has a one year low of $18.88 and a one year high of $22.58.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 8th will be paid a dividend of $0.1360 per share. This represents a $1.63 dividend on an annualized basis and a yield of 8.6%. The ex-dividend date is Tuesday, December 8th.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. XML Financial LLC lifted its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 6.7% during the 2nd quarter. XML Financial LLC now owns 598,747 shares of the investment management company’s stock worth $12,155,000 after acquiring an additional 37,672 shares during the period. Bank of America Corp DE increased its stake in Cohen & Steers REIT and Preferred Income Fund by 9.4% in the first quarter. Bank of America Corp DE now owns 600,823 shares of the investment management company’s stock valued at $11,872,000 after acquiring an additional 51,660 shares during the last quarter. Royal Bank of Canada raised its position in Cohen & Steers REIT and Preferred Income Fund by 2.4% during the first quarter. Royal Bank of Canada now owns 313,200 shares of the investment management company’s stock valued at $6,189,000 after purchasing an additional 7,430 shares in the last quarter. Johnson Financial Group Inc. acquired a new position in Cohen & Steers REIT and Preferred Income Fund during the second quarter valued at approximately $2,921,000. Finally, Landscape Capital Management L.L.C. bought a new stake in Cohen & Steers REIT and Preferred Income Fund during the second quarter worth $2,761,000.

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 investment company managed by Cohen & Steers Capital Management. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective.

RNP invests primarily in real estate investment trusts (REITs) and preferred securities. Its portfolio may include common and preferred securities issued by companies involved in commercial, residential, health care, industrial, retail, and other areas of the real estate industry, along with preferred stocks and other income-producing securities.

The fund was established in 2003 and is designed to provide investors with diversified exposure to real estate and preferred-income markets through a professionally managed portfolio.

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