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

LMP Capital and Income Fund Inc. (NYSE:SCD) was the recipient of a large 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 days-to-cover ratio is presently 0.4 days.

LMP Capital and Income Fund Stock Performance

Shares of SCD stock opened at $17.04 on Friday. LMP Capital and Income Fund has a twelve month low of $13.71 and a twelve month high of $17.96. The business has a fifty day simple moving average of $17.26 and a 200 day simple moving average of $16.85.

LMP Capital and Income Fund Cuts Dividend

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

Institutional Trading of LMP Capital and Income Fund

A number of hedge funds have recently made changes to their positions in the company. Creekmur Asset Management LLC bought a new position in LMP Capital and Income Fund during the 3rd quarter worth $38,000. GHP Investment Advisors Inc. bought a new stake in LMP Capital and Income Fund in the third quarter worth approximately $39,000. Allworth Financial LP lifted its position in shares of LMP Capital and Income Fund by 397.6% during the 4th quarter. Allworth Financial LP now owns 2,503 shares of the real estate investment trust’s stock valued at $44,000 after acquiring an additional 2,000 shares during the period. Private Advisor Group LLC grew its holdings in LMP Capital and Income Fund by 8.5% in 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. Finally, Atomi Financial Group Inc. raised its holdings in shares of LMP Capital and Income Fund by 10.6% during the third quarter. Atomi Financial Group Inc. now owns 26,253 shares of the real estate investment trust’s stock valued at $462,000 after purchasing an additional 2,517 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.