Brookfield Real Assets Income Fund Inc. (NYSE:RA) Shares Shorted: Short Interest Up 141.0% in October

Brookfield Real Assets Income Fund Inc. (NYSE:RA – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 110,532 shares, an increase of 141.0% from the September 30th total of 45,860 shares. Based on an average trading volume of 325,454 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

Several institutional investors and hedge funds have recently modified their holdings of the stock. RFG Advisory LLC purchased a new position in Brookfield Real Assets Income Fund in the 2nd quarter valued at about $924,000. Rareview Capital LLC grew its stake in shares of Brookfield Real Assets Income Fund by 21.1% during the first quarter. Rareview Capital LLC now owns 253,193 shares of the company’s stock valued at $3,385,000 after acquiring an additional 44,116 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Brookfield Real Assets Income Fund during the second quarter valued at about $44,000. Secure Asset Management LLC purchased a new stake in shares of Brookfield Real Assets Income Fund during the second quarter worth about $263,000. Finally, Wedbush Securities Inc. increased its position in shares of Brookfield Real Assets Income Fund by 32.0% during the second quarter. Wedbush Securities Inc. now owns 41,322 shares of the company’s stock worth $532,000 after acquiring an additional 10,025 shares during the last quarter.

Brookfield Real Assets Income Fund Stock Down 0.0%

Brookfield Real Assets Income Fund stock traded down $0.01 during trading on Friday, reaching $11.74. 229,884 shares of the company’s stock were exchanged, compared to its average volume of 198,404. The company’s 50-day moving average is $11.93 and its two-hundred day moving average is $12.67. Brookfield Real Assets Income Fund has a 52-week low of $11.41 and a 52-week high of $13.59.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 24th. Shareholders of record on Thursday, December 10th will be paid a dividend of $0.1180 per share. This represents a $1.42 dividend on an annualized basis and a dividend yield of 12.1%. The ex-dividend date is Thursday, December 10th. Brookfield Real Assets Income Fund’s payout ratio is currently -1,390.91%.

About Brookfield Real Assets Income Fund

(Get Free Report)

Brookfield Real Assets Income Fund (NYSE: RA) is a closed-end investment fund that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund invests in a diversified portfolio of securities connected to real assets, including real estate, infrastructure and natural resources.

Its investments may include debt and equity securities issued by companies and entities operating in real asset sectors, as well as preferred securities and other income-producing instruments.

Further Reading

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