LMP Capital and Income Fund Inc. (NYSE:SCD) Short Interest Update

LMP Capital and Income Fund Inc. (NYSE:SCD – Get Free Report) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 17,236 shares, a growth of 119.8% from the May 14th total of 7,841 shares. Based on an average daily volume of 39,504 shares, the short-interest ratio is currently 0.4 days.

LMP Capital and Income Fund Price Performance

LMP Capital and Income Fund stock opened at $15.43 on Monday. The business’s fifty day moving average is $15.26 and its two-hundred day moving average is $15.25. LMP Capital and Income Fund has a 52 week low of $13.79 and a 52 week high of $16.18.

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LMP Capital and Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 24th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) annualized dividend and a yield of 9.3%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC acquired a new position in LMP Capital and Income Fund during the 4th quarter worth $970,000. Shaker Financial Services LLC raised its position in shares of LMP Capital and Income Fund by 341.1% during the 4th quarter. Shaker Financial Services LLC now owns 83,807 shares of the real estate investment trust’s stock valued at $1,241,000 after acquiring an additional 64,807 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of LMP Capital and Income Fund by 48.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 202,691 shares of the real estate investment trust’s stock valued at $3,075,000 after acquiring an additional 66,224 shares during the last quarter. Calamos Advisors LLC bought a new stake in shares of LMP Capital and Income Fund during the 4th quarter valued at $540,000. Finally, Wolverine Asset Management LLC raised its position in shares of LMP Capital and Income Fund by 648.2% during the 4th quarter. Wolverine Asset Management LLC now owns 191,235 shares of the real estate investment trust’s stock valued at $2,832,000 after acquiring an additional 165,675 shares during the last quarter.

About LMP Capital and Income Fund

(Get Free Report)

LMP Capital & Income Fund (NYSE:SCD) is a diversified, closed-end management investment company organized as a Maryland corporation. The fund’s primary objective is to deliver total return through current income and capital appreciation. It is listed on the New York Stock Exchange and serves a broad base of retail and institutional investors seeking exposure to a mix of equity and income-producing assets.

The fund pursues its objective by investing predominantly in common stocks, debt securities and convertible instruments issued by U.S.

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