Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Short Interest Down 39.2% in August

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 22,271 shares, a decline of 39.2% from the August 15th total of 36,605 shares. Based on an average daily trading volume, of 32,473 shares, the days-to-cover ratio is presently 0.7 days.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Performance

RLTY traded down $0.01 during trading on Friday, hitting $14.62. 14,174 shares of the company traded hands, compared to its average volume of 59,455. The stock’s 50-day simple moving average is $15.63 and its two-hundred day simple moving average is $15.51. Cohen & Steers Real Estate Opportunities & Income Fund has a 1 year low of $14.04 and a 1 year high of $16.41.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.11 per share. The ex-dividend date is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%.

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

Hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 16.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,943 shares of the company’s stock valued at $125,000 after purchasing an additional 1,115 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the 1st quarter worth about $152,000. World Investment Advisors bought a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the 4th quarter worth about $465,000. Independent Financial Group LLC purchased a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 1st quarter valued at about $526,000. Finally, Closed End Fund Advisors Inc. purchased a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 4th quarter valued at about $923,000.

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.