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

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY – Get Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 12,473 shares, a growth of 446.8% from the May 31st total of 2,281 shares. Based on an average trading volume of 46,249 shares, the days-to-cover ratio is presently 0.3 days.

Cohen & Steers Real Estate Opportunities & Income Fund Price Performance

NYSE RLTY traded up $0.25 on Friday, reaching $15.87. The company had a trading volume of 69,002 shares, compared to its average volume of 61,274. The company’s fifty day moving average is $15.62 and its 200-day moving average is $15.22. Cohen & Steers Real Estate Opportunities & Income Fund has a 1-year low of $14.04 and a 1-year high of $15.97.

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Cohen & Steers Real Estate Opportunities & Income Fund Dividend Announcement

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. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Tuesday, September 8th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of RLTY. Royal Bank of Canada lifted its stake 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 in the last quarter. Independent Financial Group LLC bought a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 1st quarter worth approximately $526,000. Fifth Third Bancorp acquired a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the first quarter valued at approximately $152,000. World Investment Advisors raised its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 107.1% in the first quarter. World Investment Advisors now owns 65,550 shares of the company’s stock valued at $953,000 after purchasing an additional 33,900 shares during the last quarter. Finally, Invesco Ltd. bought a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the fourth quarter worth $475,000.

About Cohen & Steers Real Estate Opportunities & Income Fund

(Get Free Report)

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.

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