LMP Capital and Income Fund Inc. (NYSE:SCD) Short Interest Update

LMP Capital and Income Fund Inc. (NYSE:SCD) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 7,841 shares, a decrease of 60.7% from the April 30th total of 19,963 shares. Based on an average trading volume of 66,219 shares, the days-to-cover ratio is currently 0.1 days.

LMP Capital and Income Fund Stock Down 0.2%

LMP Capital and Income Fund stock opened at $15.50 on Friday. LMP Capital and Income Fund has a twelve month low of $13.79 and a twelve month high of $16.89. The stock’s fifty day simple moving average is $15.15 and its 200-day simple moving average is $15.17.

LMP Capital and Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%.

Institutional Trading of LMP Capital and Income Fund

Large investors have recently modified their holdings of the stock. Karpus Management Inc. purchased a new stake in shares of LMP Capital and Income Fund during the fourth quarter worth $44,000. Kestra Advisory Services LLC acquired a new position in shares of LMP Capital and Income Fund during the fourth quarter worth $56,000. Blue Bell Private Wealth Management LLC acquired a new position in shares of LMP Capital and Income Fund during the fourth quarter worth $116,000. Readystate Asset Management LP acquired a new position in shares of LMP Capital and Income Fund during the fourth quarter worth $148,000. Finally, Aurora Private Wealth Inc. acquired a new position in shares of LMP Capital and Income Fund during the fourth quarter worth $168,000.

LMP Capital and Income Fund Company Profile

LMP Capital & Income Fund (NYSE:SCD) is a diversified, closed-end management investment company organized as a Maryland corporation. The fund’s primary objective is to deliver total return through current income and capital appreciation. It is listed on the New York Stock Exchange and serves a broad base of retail and institutional investors seeking exposure to a mix of equity and income-producing assets.

The fund pursues its objective by investing predominantly in common stocks, debt securities and convertible instruments issued by U.S.