Brookfield Real Assets Income Fund Inc. (NYSE:RA) Short Interest Up 59.6% in May

Brookfield Real Assets Income Fund Inc. (NYSE:RA) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 92,991 shares, a growth of 59.6% from the May 14th total of 58,276 shares. Based on an average daily volume of 176,950 shares, the days-to-cover ratio is presently 0.5 days.

Brookfield Real Assets Income Fund Stock Performance

Shares of RA stock opened at $12.60 on Wednesday. The company’s 50 day moving average price is $12.83 and its two-hundred day moving average price is $12.96. Brookfield Real Assets Income Fund has a 52 week low of $12.50 and a 52 week high of $13.59.

Brookfield Real Assets Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be given a dividend of $0.118 per share. This represents a c) annualized dividend and a yield of 11.2%. The ex-dividend date of this dividend is Thursday, June 11th. Brookfield Real Assets Income Fund’s dividend payout ratio is -1,281.82%.

Insiders Place Their Bets

In related news, Director Heather S. Goldman sold 2,750 shares of Brookfield Real Assets Income Fund stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $12.72, for a total transaction of $34,980.00. Following the completion of the sale, the director directly owned 22 shares of the company’s stock, valued at $279.84. The trade was a 99.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Quadrant Capital Group LLC bought a new stake in shares of Brookfield Real Assets Income Fund during the fourth quarter worth approximately $51,000. Fifth Third Bancorp bought a new stake in shares of Brookfield Real Assets Income Fund during the first quarter worth approximately $81,000. US Bancorp DE bought a new stake in shares of Brookfield Real Assets Income Fund during the third quarter worth approximately $101,000. Merit Financial Group LLC acquired a new stake in Brookfield Real Assets Income Fund in the 3rd quarter worth about $140,000. Finally, Oppenheimer & Co. Inc. acquired a new stake in Brookfield Real Assets Income Fund in the 4th quarter worth about $146,000.

About Brookfield Real Assets Income Fund

Brookfield Real Assets Income Fund Inc (NYSE:RA) is a closed-end management investment company launched in June 2020. The fund is sponsored and managed by Brookfield Asset Management, one of the world’s largest alternative asset managers. RA seeks to provide investors with high current income and long-term capital growth by acquiring a diversified portfolio of real assets and related securities.

The fund’s investment strategy focuses on real estate, infrastructure, renewable energy and private credit investments.