Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Down 61.9% in March

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) saw a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 12,000 shares, a decrease of 61.9% from the February 28th total of 31,500 shares. Based on an average trading volume of 75,300 shares, the days-to-cover ratio is presently 0.2 days.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.1 %

LDP stock traded down $0.02 during trading on Friday, reaching $20.38. The stock had a trading volume of 59,092 shares, compared to its average volume of 72,256. The stock’s 50 day moving average is $20.68 and its two-hundred day moving average is $20.87. Cohen & Steers Limited Duration Preferred and Income Fund has a 52 week low of $18.81 and a 52 week high of $21.87.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 8th will be issued a $0.131 dividend. This represents a $1.57 dividend on an annualized basis and a dividend yield of 7.71%. The ex-dividend date of this dividend is Tuesday, April 8th.

Institutional Trading of Cohen & Steers Limited Duration Preferred and Income Fund

Large investors have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB purchased a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the 3rd quarter worth $326,000. Synovus Financial Corp raised its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 0.4% in the 3rd quarter. Synovus Financial Corp now owns 164,008 shares of the company’s stock worth $3,567,000 after purchasing an additional 590 shares during the period. Capital Investment Advisors LLC lifted its position in Cohen & Steers Limited Duration Preferred and Income Fund by 261.8% during the fourth quarter. Capital Investment Advisors LLC now owns 65,786 shares of the company’s stock valued at $1,329,000 after purchasing an additional 47,601 shares in the last quarter. Wealthcare Advisory Partners LLC bought a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the fourth quarter valued at about $481,000. Finally, Magnus Financial Group LLC purchased a new stake in Cohen & Steers Limited Duration Preferred and Income Fund in the fourth quarter worth about $299,000.

About Cohen & Steers Limited Duration Preferred and Income Fund

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc is a diversified and closed-end management investment company, which invests in the preferred and other securities issued by the U.S. and non-U.S. companies. Its objective is to provide high current income and capital appreciation. The company was founded on May 5, 2012 and is headquartered in New York, NY.