Short Interest in Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) Decreases By 27.8%

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 30,200 shares, a drop of 27.8% from the January 31st total of 41,800 shares. Based on an average trading volume of 34,700 shares, the short-interest ratio is presently 0.9 days.

Cohen & Steers Select Preferred and Income Fund Stock Down 0.3 %

Shares of NYSE PSF traded down $0.06 during midday trading on Tuesday, hitting $20.28. 19,087 shares of the company’s stock were exchanged, compared to its average volume of 28,166. The business’s fifty day moving average price is $20.10 and its two-hundred day moving average price is $20.39. Cohen & Steers Select Preferred and Income Fund has a 12-month low of $18.45 and a 12-month high of $21.60.

Cohen & Steers Select Preferred and Income Fund Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were paid a $0.126 dividend. The ex-dividend date of this dividend was Tuesday, January 14th. This represents a yield of 7.73%.

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

A number of institutional investors have recently made changes to their positions in PSF. Comerica Bank lifted its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 35.9% during the 4th quarter. Comerica Bank now owns 4,679 shares of the company’s stock worth $93,000 after acquiring an additional 1,235 shares during the last quarter. Ameriflex Group Inc. purchased a new stake in Cohen & Steers Select Preferred and Income Fund during the fourth quarter valued at about $99,000. Walleye Capital LLC purchased a new stake in Cohen & Steers Select Preferred and Income Fund during the fourth quarter valued at about $206,000. Noble Wealth Management PBC bought a new stake in Cohen & Steers Select Preferred and Income Fund during the fourth quarter worth about $255,000. Finally, Wolverine Asset Management LLC purchased a new position in shares of Cohen & Steers Select Preferred and Income Fund in the 4th quarter worth about $283,000.

Cohen & Steers Select Preferred and Income Fund Company Profile

Cohen & Steers Select Preferred and Income Fund, Inc is a closed ended fixed income mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the fixed income markets across the globe. It also invests some portion of its portfolio in other open-end funds, closed-end funds, or exchange traded funds that invest primarily in preferred and/or debt securities.