Short Interest in Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) Rises By 64.5%

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 30,600 shares, a growth of 64.5% from the October 31st total of 18,600 shares. Based on an average trading volume of 33,200 shares, the days-to-cover ratio is currently 0.9 days.

Cohen & Steers Select Preferred and Income Fund Price Performance

Shares of NYSE PSF opened at $20.32 on Friday. The company’s fifty day moving average price is $20.77 and its 200 day moving average price is $20.18. Cohen & Steers Select Preferred and Income Fund has a 1 year low of $18.45 and a 1 year high of $21.60.

Cohen & Steers Select Preferred and Income Fund Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th were paid a dividend of $0.126 per share. This represents a dividend yield of 7.24%. The ex-dividend date was Tuesday, October 15th.

Institutional Investors Weigh In On Cohen & Steers Select Preferred and Income Fund

A number of institutional investors have recently modified their holdings of PSF. Shaker Financial Services LLC boosted its position in Cohen & Steers Select Preferred and Income Fund by 118.4% during the third quarter. Shaker Financial Services LLC now owns 81,753 shares of the company’s stock worth $1,753,000 after purchasing an additional 44,327 shares in the last quarter. Raymond James & Associates lifted its position in shares of Cohen & Steers Select Preferred and Income Fund by 17.6% during the 3rd quarter. Raymond James & Associates now owns 124,939 shares of the company’s stock valued at $2,679,000 after buying an additional 18,688 shares in the last quarter. Daymark Wealth Partners LLC grew its stake in Cohen & Steers Select Preferred and Income Fund by 25.4% in the 3rd quarter. Daymark Wealth Partners LLC now owns 24,700 shares of the company’s stock valued at $530,000 after acquiring an additional 5,000 shares during the period. WealthBridge Capital Management LLC increased its holdings in Cohen & Steers Select Preferred and Income Fund by 74.6% in the 3rd quarter. WealthBridge Capital Management LLC now owns 25,860 shares of the company’s stock worth $554,000 after acquiring an additional 11,050 shares in the last quarter. Finally, Baldwin Brothers LLC MA increased its holdings in Cohen & Steers Select Preferred and Income Fund by 11.2% in the 2nd quarter. Baldwin Brothers LLC MA now owns 145,755 shares of the company’s stock worth $2,883,000 after acquiring an additional 14,688 shares in the last quarter.

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.