Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Short Interest Update

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 22,271 shares, a decrease of 39.2% from the August 15th total of 36,605 shares. Based on an average daily 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 up $0.07 on Wednesday, reaching $14.74. 30,037 shares of the company traded hands, compared to its average volume of 59,571. The stock’s 50 day moving average price is $15.68 and its 200-day moving average price is $15.53. Cohen & Steers Real Estate Opportunities & Income Fund has a 52-week low of $14.04 and a 52-week high of $16.41.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

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

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

A number of hedge funds have recently modified their holdings of RLTY. Northwestern Mutual Wealth Management Co. boosted its position 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 during the last quarter. Royal Bank of Canada grew its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 13.7% in the first quarter. Royal Bank of Canada now owns 170,368 shares of the company’s stock valued at $2,477,000 after purchasing an additional 20,480 shares in the last quarter. Independent Financial Group LLC acquired a new position in Cohen & Steers Real Estate Opportunities & Income Fund in the 1st quarter worth about $526,000. Fifth Third Bancorp acquired a new position in Cohen & Steers Real Estate Opportunities & Income Fund in the 1st quarter worth about $152,000. Finally, World Investment Advisors raised its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 107.1% during the 1st quarter. World Investment Advisors now owns 65,550 shares of the company’s stock worth $953,000 after purchasing an additional 33,900 shares in 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.