Brookfield Real Assets Income Fund Inc. (NYSE:RA) Stock Short Interest Rises 141.0%

Brookfield Real Assets Income Fund Inc. (NYSE:RA – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 110,532 shares, a growth of 141.0% from the September 30th total of 45,860 shares. Based on an average trading volume of 325,454 shares, the days-to-cover ratio is presently 0.3 days.

Brookfield Real Assets Income Fund Stock Down 0.0%

Shares of Brookfield Real Assets Income Fund stock traded down $0.01 during trading on Friday, reaching $11.74. 197,213 shares of the company were exchanged, compared to its average volume of 198,243. The business has a 50-day moving average price of $11.95 and a 200-day moving average price of $12.67. Brookfield Real Assets Income Fund has a twelve month low of $11.41 and a twelve month high of $13.59.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, December 24th. Shareholders of record on Thursday, December 10th will be paid a $0.1180 dividend. This represents a $1.42 annualized dividend and a yield of 12.1%. The ex-dividend date is Thursday, December 10th. Brookfield Real Assets Income Fund’s payout ratio is presently -1,390.91%.

Hedge Funds Weigh In On Brookfield Real Assets Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in RA. Arlington Capital Management INC boosted its holdings in shares of Brookfield Real Assets Income Fund by 4.1% in the 3rd quarter. Arlington Capital Management INC now owns 64,654 shares of the company’s stock valued at $747,000 after purchasing an additional 2,555 shares in the last quarter. Shaker Financial Services LLC raised its position in shares of Brookfield Real Assets Income Fund by 107.5% in the 3rd quarter. Shaker Financial Services LLC now owns 76,063 shares of the company’s stock worth $879,000 after acquiring an additional 39,403 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Brookfield Real Assets Income Fund in the second quarter worth $44,000. RFG Advisory LLC acquired a new stake in Brookfield Real Assets Income Fund in the 2nd quarter valued at $924,000. Finally, Rareview Capital LLC lifted its holdings in shares of Brookfield Real Assets Income Fund by 9.7% in the second quarter. Rareview Capital LLC now owns 277,726 shares of the company’s stock valued at $3,713,000 after purchasing an additional 24,533 shares in the last quarter.

About Brookfield Real Assets Income Fund

(Get Free Report)

Brookfield Real Assets Income Fund (NYSE: RA) is a closed-end investment fund that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund invests in a diversified portfolio of securities connected to real assets, including real estate, infrastructure and natural resources.

Its investments may include debt and equity securities issued by companies and entities operating in real asset sectors, as well as preferred securities and other income-producing instruments.

Recommended Stories

Receive News & Ratings for Brookfield Real Assets Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Real Assets Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.