Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Up 16.2% in February

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 31,500 shares, a growth of 16.2% from the February 13th total of 27,100 shares. Based on an average trading volume of 79,900 shares, the short-interest ratio is presently 0.4 days.

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

A number of hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the fourth quarter worth approximately $8,092,000. Capital Investment Advisors LLC raised its position in Cohen & Steers Limited Duration Preferred and Income Fund by 261.8% in the 4th quarter. Capital Investment Advisors LLC now owns 65,786 shares of the company’s stock worth $1,329,000 after purchasing an additional 47,601 shares during the period. Oppenheimer & Co. Inc. lifted its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 66.2% in the third quarter. Oppenheimer & Co. Inc. now owns 64,290 shares of the company’s stock worth $1,398,000 after purchasing an additional 25,604 shares during the last quarter. Wealthcare Advisory Partners LLC purchased a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the fourth quarter valued at about $481,000. Finally, Thomas J. Herzfeld Advisors Inc. grew its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 11.8% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 186,703 shares of the company’s stock valued at $3,771,000 after buying an additional 19,743 shares during the last quarter.

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

NYSE:LDP traded up $0.03 during midday trading on Thursday, hitting $20.41. The company had a trading volume of 33,640 shares, compared to its average volume of 69,487. Cohen & Steers Limited Duration Preferred and Income Fund has a 52-week low of $18.81 and a 52-week high of $21.87. The stock’s fifty day moving average price is $20.66 and its 200-day moving average price is $20.87.

Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were issued a dividend of $0.131 per share. The ex-dividend date was Tuesday, January 14th. This represents a dividend yield of 7.83%.

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.