Short Interest in Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Rises By 133.9%

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 29,169 shares, a growth of 133.9% from the June 15th total of 12,473 shares. Based on an average daily trading volume, of 66,359 shares, the short-interest ratio is presently 0.4 days.

Cohen & Steers Real Estate Opportunities & Income Fund Trading Up 0.9%

RLTY traded up $0.15 during trading hours on Thursday, reaching $15.99. The company’s stock had a trading volume of 32,020 shares, compared to its average volume of 63,006. Cohen & Steers Real Estate Opportunities & Income Fund has a fifty-two week low of $14.04 and a fifty-two week high of $16.11. The business’s 50-day moving average is $15.72 and its 200-day moving average is $15.35.

Cohen & Steers Real Estate Opportunities & Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be paid a $0.11 dividend. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Tuesday, September 8th.

Hedge Funds Weigh In On Cohen & Steers Real Estate Opportunities & Income Fund

A number of hedge funds have recently modified their holdings of RLTY. Bank of America Corp DE lifted its position in Cohen & Steers Real Estate Opportunities & Income Fund by 6.2% in the third quarter. Bank of America Corp DE now owns 224,695 shares of the company’s stock valued at $3,433,000 after buying an additional 13,164 shares during the last quarter. Wolverine Asset Management LLC increased its position in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 391.7% during the fourth quarter. Wolverine Asset Management LLC now owns 178,436 shares of the company’s stock valued at $2,623,000 after acquiring an additional 142,146 shares during the last quarter. Royal Bank of Canada increased its position in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 13.7% during the first quarter. Royal Bank of Canada now owns 170,368 shares of the company’s stock valued at $2,477,000 after acquiring an additional 20,480 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 1.6% during the second quarter. Raymond James Financial Inc. now owns 132,791 shares of the company’s stock valued at $2,016,000 after acquiring an additional 2,059 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 44.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 91,588 shares of the company’s stock valued at $1,346,000 after acquiring an additional 28,327 shares during the period.

About Cohen & Steers Real Estate Opportunities & Income Fund

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.