RMR Real Estate Income Fund (NYSE:RIF) saw a large decrease in short interest during the month of September. As of September 29th, there was short interest totalling 30,478 shares, a decrease of 92.4% from the September 15th total of 402,099 shares. Based on an average daily volume of 124,254 shares, the short-interest ratio is presently 0.2 days. Currently, 0.5% of the company’s stock are short sold.

Several institutional investors have recently modified their holdings of the company. Doliver Capital Advisors LP lifted its holdings in shares of RMR Real Estate Income Fund by 2.2% in the second quarter. Doliver Capital Advisors LP now owns 37,970 shares of the company’s stock valued at $830,000 after purchasing an additional 805 shares in the last quarter. MML Investors Services LLC lifted its holdings in shares of RMR Real Estate Income Fund by 2.8% in the second quarter. MML Investors Services LLC now owns 56,270 shares of the company’s stock valued at $1,230,000 after purchasing an additional 1,513 shares in the last quarter. Deschutes Portfolio Strategy LLC lifted its holdings in shares of RMR Real Estate Income Fund by 0.7% in the second quarter. Deschutes Portfolio Strategy LLC now owns 357,300 shares of the company’s stock valued at $7,807,000 after purchasing an additional 2,500 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of RMR Real Estate Income Fund by 4.2% in the second quarter. Wells Fargo & Company MN now owns 289,442 shares of the company’s stock valued at $6,324,000 after purchasing an additional 11,575 shares in the last quarter. Finally, Advisory Alpha LLC bought a new stake in shares of RMR Real Estate Income Fund in the second quarter valued at about $1,297,000.

RMR Real Estate Income Fund (NYSE RIF) opened at 19.705 on Wednesday. The firm has a 50-day moving average price of $19.83 and a 200 day moving average price of $20.44. RMR Real Estate Income Fund has a 12 month low of $18.02 and a 12 month high of $22.11.

The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Thursday, September 7th were issued a $0.33 dividend. The ex-dividend date of this dividend was Wednesday, September 6th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.70%.

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RMR Real Estate Income Fund Company Profile

RMR Real Estate Income Fund (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to earn and pay a high level of current income to its common shareholders. The Fund’s secondary investment objective is capital appreciation. It pursues its investment objectives by investing in securities issued by real estate companies, including real estate investment trusts (REITs).

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