Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Short Interest Down 60.6% in July

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 35,084 shares, a decrease of 60.6% from the July 15th total of 89,026 shares. Based on an average daily volume of 48,104 shares, the short-interest ratio is currently 0.7 days.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.3%

Shares of LDP traded down $0.06 during trading hours on Friday, reaching $20.61. 56,745 shares of the stock traded hands, compared to its average volume of 65,652. The stock has a fifty day simple moving average of $20.84 and a 200 day simple moving average of $20.82. Cohen & Steers Limited Duration Preferred and Income Fund has a 52 week low of $19.35 and a 52 week high of $22.05.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be paid a $0.131 dividend. The ex-dividend date is Tuesday, September 8th. This represents a c) annualized dividend and a yield of 7.6%.

Hedge Funds Weigh In On Cohen & Steers Limited Duration Preferred and Income Fund

Hedge funds have recently modified their holdings of the company. Cetera Investment Advisers boosted its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 3.3% in the 2nd quarter. Cetera Investment Advisers now owns 18,267 shares of the company’s stock worth $383,000 after buying an additional 587 shares during the last quarter. Invesco Ltd. increased its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 0.9% during the second quarter. Invesco Ltd. now owns 442,605 shares of the company’s stock valued at $9,286,000 after acquiring an additional 3,997 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 0.5% during the second quarter. Baird Financial Group Inc. now owns 142,096 shares of the company’s stock worth $2,981,000 after acquiring an additional 761 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 205.7% during the second quarter. Geneos Wealth Management Inc. now owns 1,507 shares of the company’s stock worth $32,000 after acquiring an additional 1,014 shares during the period. Finally, Creative Planning boosted its position in Cohen & Steers Limited Duration Preferred and Income Fund by 5.9% in the third quarter. Creative Planning now owns 12,070 shares of the company’s stock worth $262,000 after purchasing an additional 670 shares during the last quarter.

About Cohen & Steers Limited Duration Preferred and Income Fund

Cohen & Steers Limited Duration Preferred and Income Fund, Inc (NYSE: LDP) is a closed-end management investment company that seeks to provide investors with current income while managing interest-rate sensitivity. The fund primarily invests in a diversified portfolio of preferred securities and other income-producing instruments, combining yield potential with a strategy tailored to limit fluctuations in response to changing interest-rate environments.

Its investment approach focuses on preferred and hybrid securities issued by corporations across sectors such as financial institutions, utilities, real estate investment trusts (REITs) and other industries.