Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY – Get Free Report) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 1,051 shares, a decline of 88.1% from the September 30th total of 8,832 shares. Based on an average trading volume of 86,155 shares, the days-to-cover ratio is presently 0.0 days.
Cohen & Steers Real Estate Opportunities & Income Fund Stock Performance
Shares of NYSE RLTY traded down $0.07 during mid-day trading on Tuesday, reaching $14.05. 42,558 shares of the company were exchanged, compared to its average volume of 61,607. The company’s 50-day simple moving average is $14.59 and its 200-day simple moving average is $15.24. Cohen & Steers Real Estate Opportunities & Income Fund has a twelve month low of $13.34 and a twelve month high of $16.41.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. lifted its position in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 16.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,943 shares of the company’s stock valued at $125,000 after acquiring an additional 1,115 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 3rd quarter valued at $38,000. Fifth Third Bancorp bought a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the first quarter worth about $152,000. Royal Bank of Canada increased its position in Cohen & Steers Real Estate Opportunities & Income Fund by 13.7% in the 1st 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 period. Finally, World Investment Advisors raised its position in 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 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 investment fund managed by Cohen & Steers Capital Management. The fund seeks to provide a high level of current income and long-term capital appreciation by investing primarily in securities related to the real estate industry.
Its portfolio may include common and preferred stocks, debt securities, and other investments issued by real estate investment trusts (REITs), real estate companies, and related businesses.
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