LMP Capital and Income Fund Inc. (NYSE:SCD) Short Interest Up 84.0% in January

LMP Capital and Income Fund Inc. (NYSE:SCD) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 14,900 shares, an increase of 84.0% from the December 31st total of 8,100 shares. Based on an average daily volume of 36,200 shares, the short-interest ratio is presently 0.4 days.

LMP Capital and Income Fund Trading Down 0.7 %

Shares of LMP Capital and Income Fund stock opened at $17.04 on Friday. LMP Capital and Income Fund has a 52 week low of $13.71 and a 52 week high of $17.96. The firm’s 50 day moving average is $17.26 and its two-hundred day moving average is $16.85.

LMP Capital and Income Fund Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Monday, January 27th will be issued a $0.113 dividend. This represents a dividend yield of 7.67%. The ex-dividend date of this dividend is Friday, January 24th.

Institutional Trading of LMP Capital and Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC increased its position in LMP Capital and Income Fund by 1,659.0% in the 3rd quarter. International Assets Investment Management LLC now owns 232,645 shares of the real estate investment trust’s stock valued at $4,092,000 after acquiring an additional 219,419 shares during the period. AlphaStar Capital Management LLC grew its stake in shares of LMP Capital and Income Fund by 43.3% in the 4th quarter. AlphaStar Capital Management LLC now owns 49,561 shares of the real estate investment trust’s stock valued at $852,000 after purchasing an additional 14,975 shares during the last quarter. Astoria Portfolio Advisors LLC. acquired a new position in shares of LMP Capital and Income Fund in the fourth quarter valued at approximately $622,000. Atomi Financial Group Inc. raised its stake in shares of LMP Capital and Income Fund by 5.9% during the fourth quarter. Atomi Financial Group Inc. now owns 27,810 shares of the real estate investment trust’s stock worth $478,000 after purchasing an additional 1,557 shares during the last quarter. Finally, Private Advisor Group LLC lifted its holdings in shares of LMP Capital and Income Fund by 8.5% during the third quarter. Private Advisor Group LLC now owns 16,229 shares of the real estate investment trust’s stock worth $285,000 after purchasing an additional 1,272 shares during the period.

LMP Capital and Income Fund Company Profile

LMP Capital and Income Fund Inc is a closed ended balanced mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Clearbridge Investments, LLC, Western Asset Management Company Limited, and Western Asset Management Company. The fund invests in public equity and fixed income markets across the globe.