Short Interest in Brookfield Real Assets Income Fund Inc. (NYSE:RA) Increases By 72.0%

Brookfield Real Assets Income Fund Inc. (NYSE:RA) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 98,304 shares, an increase of 72.0% from the June 30th total of 57,147 shares. Based on an average trading volume of 129,643 shares, the short-interest ratio is presently 0.8 days.

Brookfield Real Assets Income Fund Stock Up 0.3%

NYSE RA opened at $12.81 on Friday. Brookfield Real Assets Income Fund has a 52 week low of $12.50 and a 52 week high of $13.59. The company has a fifty day moving average of $12.79 and a two-hundred day moving average of $12.93.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be given a $0.118 dividend. This represents a c) annualized dividend and a yield of 11.1%. The ex-dividend date of this dividend is Thursday, September 10th. Brookfield Real Assets Income Fund’s dividend payout ratio is -1,390.91%.

Insider Buying and Selling

In related news, Director Heather S. Goldman sold 2,750 shares of Brookfield Real Assets Income Fund stock in a transaction dated 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 transaction, the director owned 22 shares in the company, valued at approximately $279.84. This trade represents a 99.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Sit Investment Associates Inc. bought a new position in Brookfield Real Assets Income Fund in the 4th quarter worth about $28,709,000. Morgan Stanley increased its position in shares of Brookfield Real Assets Income Fund by 2.8% during the fourth quarter. Morgan Stanley now owns 4,411,299 shares of the company’s stock worth $57,170,000 after acquiring an additional 118,651 shares during the period. Guggenheim Capital LLC raised its stake in shares of Brookfield Real Assets Income Fund by 15.4% during the fourth quarter. Guggenheim Capital LLC now owns 876,989 shares of the company’s stock valued at $11,366,000 after acquiring an additional 116,875 shares in the last quarter. Closed End Fund Advisors Inc. bought a new stake in shares of Brookfield Real Assets Income Fund during the fourth quarter valued at approximately $1,463,000. Finally, Shaker Financial Services LLC boosted its holdings in shares of Brookfield Real Assets Income Fund by 260.6% in the fourth quarter. Shaker Financial Services LLC now owns 153,005 shares of the company’s stock valued at $1,983,000 after purchasing an additional 110,570 shares during the period.

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.