Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Sees Significant Drop in Short Interest

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 2,281 shares, a decline of 60.8% from the May 14th total of 5,815 shares. Based on an average trading volume of 49,852 shares, the short-interest ratio is presently 0.0 days.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Performance

Shares of NYSE RLTY traded up $0.01 during mid-day trading on Friday, reaching $15.75. 38,689 shares of the company were exchanged, compared to its average volume of 62,379. Cohen & Steers Real Estate Opportunities & Income Fund has a 52 week low of $14.04 and a 52 week high of $15.97. The company’s 50 day moving average price is $15.54 and its 200 day moving average price is $15.18.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be issued a dividend of $0.11 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date of this dividend is Tuesday, June 9th.

Institutional Trading of Cohen & Steers Real Estate Opportunities & Income Fund

A number of hedge funds have recently made changes to their positions in RLTY. Royal Bank of Canada lifted its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 21.4% during the 1st quarter. Royal Bank of Canada now owns 131,882 shares of the company’s stock worth $2,023,000 after acquiring an additional 23,253 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 1st quarter worth $179,000. Geneos Wealth Management Inc. lifted its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 575.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,527 shares of the company’s stock worth $54,000 after acquiring an additional 3,005 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 9.4% during the 2nd quarter. Cetera Investment Advisers now owns 27,229 shares of the company’s stock worth $413,000 after acquiring an additional 2,346 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 1.6% during the 2nd quarter. Raymond James Financial Inc. now owns 132,791 shares of the company’s stock worth $2,016,000 after acquiring an additional 2,059 shares during the last quarter.

Cohen & Steers Real Estate Opportunities & Income Fund Company Profile

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE: RLTY) is a closed-end management investment company that seeks to provide total return through a combination of current income, capital appreciation and capital gains. The fund pursues its objectives by investing primarily in publicly traded real estate investment trusts (REITs) and other real estate securities. It may also allocate a portion of its assets to preferred equity, real estate operating companies and debt instruments when market opportunities arise.

The fund’s portfolio spans a wide range of property sectors, including office, industrial, retail, residential and specialized real estate such as healthcare and lodging.