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

Brookfield Real Assets Income Fund Inc. (NYSE:RA) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 92,991 shares, an increase 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.

Insider Buying and Selling at Brookfield Real Assets Income Fund

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

Institutional Trading of Brookfield Real Assets Income Fund

Several institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP boosted its position in shares of Brookfield Real Assets Income Fund by 3.6% during the second quarter. First Trust Advisors LP now owns 119,644 shares of the company’s stock valued at $1,600,000 after buying an additional 4,164 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Brookfield Real Assets Income Fund by 10.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 40,882 shares of the company’s stock worth $547,000 after acquiring an additional 3,720 shares during the last quarter. Prevail Innovative Wealth Advisors LLC lifted its stake in shares of Brookfield Real Assets Income Fund by 12.2% during the 2nd quarter. Prevail Innovative Wealth Advisors LLC now owns 121,418 shares of the company’s stock worth $1,623,000 after acquiring an additional 13,219 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in Brookfield Real Assets Income Fund by 43.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 10,920 shares of the company’s stock valued at $146,000 after acquiring an additional 3,299 shares during the period. Finally, Merit Financial Group LLC purchased a new position in Brookfield Real Assets Income Fund during the 3rd quarter valued at $140,000.

Brookfield Real Assets Income Fund Trading Up 0.0%

Shares of RA traded up $0.01 during midday trading on Tuesday, hitting $12.60. The stock had a trading volume of 61,432 shares, compared to its average volume of 183,710. Brookfield Real Assets Income Fund has a 1 year low of $12.50 and a 1 year high of $13.59. The stock’s 50 day moving average is $12.83 and its 200 day moving average is $12.97.

Brookfield Real Assets Income Fund Announces Dividend

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

Brookfield Real Assets Income Fund Company Profile

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.