Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) Short Interest Down 84.6% in December

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 2,204 shares, a decrease of 84.6% from the December 15th total of 14,281 shares. Based on an average daily volume of 46,319 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 46,319 shares, the short-interest ratio is presently 0.0 days.

Cohen & Steers Select Preferred and Income Fund Price Performance

PSF stock traded up $0.04 during trading on Monday, hitting $20.46. The company had a trading volume of 30,463 shares, compared to its average volume of 26,938. The company has a fifty day moving average price of $20.39 and a two-hundred day moving average price of $20.50. Cohen & Steers Select Preferred and Income Fund has a fifty-two week low of $17.93 and a fifty-two week high of $21.20.

Cohen & Steers Select Preferred and Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be paid a $0.126 dividend. The ex-dividend date is Tuesday, March 10th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.

Institutional Investors Weigh In On Cohen & Steers Select Preferred and Income Fund

A number of large investors have recently bought and sold shares of the business. Farther Finance Advisors LLC increased its stake in shares of Cohen & Steers Select Preferred and Income Fund by 32.0% in the second quarter. Farther Finance Advisors LLC now owns 2,501 shares of the company’s stock valued at $50,000 after buying an additional 606 shares in the last quarter. Gridiron Partners LLC increased its position in Cohen & Steers Select Preferred and Income Fund by 12,990.5% in the 3rd quarter. Gridiron Partners LLC now owns 5,274,815 shares of the company’s stock valued at $1,096,000 after acquiring an additional 5,234,520 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new position in shares of Cohen & Steers Select Preferred and Income Fund in the second quarter worth about $66,000. Pettinga Financial Advisors LLC lifted its position in shares of Cohen & Steers Select Preferred and Income Fund by 54.4% during the second quarter. Pettinga Financial Advisors LLC now owns 23,672 shares of the company’s stock worth $477,000 after purchasing an additional 8,339 shares in the last quarter. Finally, Arlington Capital Management Inc. bought a new position in shares of Cohen & Steers Select Preferred and Income Fund in the 2nd quarter valued at about $216,000.

Cohen & Steers Select Preferred and Income Fund Company Profile

Cohen & Steers Select Preferred and Income Fund (NYSE: PSF) is a closed-end management investment company that seeks to provide shareholders with a high level of current income and the potential for capital appreciation. The fund trades on the New York Stock Exchange and offers investors exposure to a diversified portfolio of preferred and other hybrid securities, combining the liquidity of an exchange-traded vehicle with a specialized income strategy.

The fund’s primary business activity is investing in preferred stocks, bank capital instruments, trust preferreds and other hybrid capital structures issued by U.S.