Short Interest in Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) Decreases By 31.5%

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 20,700 shares, a drop of 31.5% from the February 13th total of 30,200 shares. Based on an average trading volume of 33,300 shares, the days-to-cover ratio is currently 0.6 days.

Cohen & Steers Select Preferred and Income Fund Stock Up 0.6 %

Shares of PSF opened at $19.91 on Tuesday. Cohen & Steers Select Preferred and Income Fund has a twelve month low of $18.45 and a twelve month high of $21.60. The company has a 50 day moving average of $20.12 and a 200-day moving average of $20.38.

Cohen & Steers Select Preferred and Income Fund Announces Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Investors 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 dividend yield of 7.73%.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Comerica Bank grew its stake in shares of Cohen & Steers Select Preferred and Income Fund by 35.9% in the fourth quarter. Comerica Bank now owns 4,679 shares of the company’s stock valued at $93,000 after buying an additional 1,235 shares in the last quarter. WealthBridge Capital Management LLC boosted its position in Cohen & Steers Select Preferred and Income Fund by 4.8% during the fourth quarter. WealthBridge Capital Management LLC now owns 27,110 shares of the company’s stock worth $536,000 after purchasing an additional 1,250 shares during the period. LPL Financial LLC boosted its position in Cohen & Steers Select Preferred and Income Fund by 2.0% during the fourth quarter. LPL Financial LLC now owns 67,372 shares of the company’s stock worth $1,332,000 after purchasing an additional 1,326 shares during the period. Ameriflex Group Inc. bought a new position in Cohen & Steers Select Preferred and Income Fund during the fourth quarter worth $99,000. Finally, Kestra Private Wealth Services LLC boosted its position in Cohen & Steers Select Preferred and Income Fund by 13.6% during the fourth quarter. Kestra Private Wealth Services LLC now owns 81,673 shares of the company’s stock worth $1,615,000 after purchasing an additional 9,796 shares during the period.

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.