Short Interest in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Decreases By 65.0%

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 4,200 shares, a decline of 65.0% from the March 15th total of 12,000 shares. Based on an average daily trading volume, of 82,800 shares, the days-to-cover ratio is presently 0.1 days.

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

Several large investors have recently modified their holdings of the company. Vermillion Wealth Management Inc. purchased a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the fourth quarter worth about $35,000. Dunhill Financial LLC boosted its position in Cohen & Steers Limited Duration Preferred and Income Fund by 100.0% during the 4th quarter. Dunhill Financial LLC now owns 2,000 shares of the company’s stock valued at $40,000 after acquiring an additional 1,000 shares in the last quarter. Wolverine Asset Management LLC acquired a new stake in Cohen & Steers Limited Duration Preferred and Income Fund in the fourth quarter valued at approximately $86,000. Magnus Financial Group LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the fourth quarter valued at about $299,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 3rd quarter valued at about $326,000.

Cohen & Steers Limited Duration Preferred and Income Fund Price Performance

Shares of LDP stock traded up $0.21 during mid-day trading on Tuesday, reaching $19.11. The stock had a trading volume of 62,017 shares, compared to its average volume of 76,253. Cohen & Steers Limited Duration Preferred and Income Fund has a 52-week low of $18.38 and a 52-week high of $21.87. The stock’s 50-day moving average price is $20.33 and its two-hundred day moving average price is $20.72.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

The company also recently declared a — dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be given a dividend of $0.131 per share. This represents a dividend yield of 7.7%. The ex-dividend date is Tuesday, June 10th.

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.