Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) Short Interest Update

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 18,736 shares, an increase of 183.7% from the June 15th total of 6,605 shares. Based on an average daily trading volume, of 48,303 shares, the short-interest ratio is currently 0.4 days.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Performance

Shares of DFP traded up $0.10 during trading hours on Wednesday, hitting $21.09. The stock had a trading volume of 21,312 shares, compared to its average volume of 54,020. Flaherty & Crumrine Dynamic Preferred and Income Fund has a 12 month low of $19.56 and a 12 month high of $22.11. The stock has a fifty day moving average price of $20.55 and a 200 day moving average price of $20.89.

Institutional Investors Weigh In On Flaherty & Crumrine Dynamic Preferred and Income Fund

Large investors have recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund in the 2nd quarter worth approximately $36,000. Triumph Capital Management purchased a new stake in Flaherty & Crumrine Dynamic Preferred and Income Fund during the third quarter valued at approximately $92,000. AdvisorNet Financial Inc increased its holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund by 24.0% during the first quarter. AdvisorNet Financial Inc now owns 5,272 shares of the company’s stock valued at $106,000 after buying an additional 1,022 shares during the last quarter. International Assets Investment Management LLC bought a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund in the fourth quarter worth approximately $141,000. Finally, Kestra Advisory Services LLC bought a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund in the fourth quarter worth approximately $158,000.

About Flaherty & Crumrine Dynamic Preferred and Income Fund

Flaherty & Crumrine Dynamic Preferred and Income Fund (NYSE: DFP) is a closed-end management investment company that seeks to provide current income and total return primarily through investments in preferred securities. The fund pursues a dynamic approach, adjusting portfolio duration and credit exposure in response to changing market conditions in order to enhance yield and manage risk. Its flexible mandate also allows allocations to common stocks, convertible securities and select debt instruments when opportunistic.

DFP’s portfolio generally comprises U.S.