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 decline in short interest during the month of May. As of May 15th, there was short interest totaling 5,815 shares, a decline of 41.0% from the April 30th total of 9,864 shares. Based on an average daily volume of 37,415 shares, the days-to-cover ratio is currently 0.2 days.

Cohen & Steers Real Estate Opportunities & Income Fund Trading Down 1.6%

Shares of Cohen & Steers Real Estate Opportunities & Income Fund stock opened at $15.49 on Tuesday. Cohen & Steers Real Estate Opportunities & Income Fund has a 1 year low of $14.04 and a 1 year high of $15.97. The company has a 50 day simple moving average of $15.31 and a two-hundred day simple moving average of $15.13.

Cohen & Steers Real Estate Opportunities & Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a $0.11 dividend. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date is Tuesday, June 9th.

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

A number of large investors have recently added to or reduced their stakes in RLTY. Royal Bank of Canada raised its position in Cohen & Steers Real Estate Opportunities & Income Fund by 21.4% in the 1st quarter. Royal Bank of Canada now owns 131,882 shares of the company’s stock worth $2,023,000 after purchasing an additional 23,253 shares during the period. Jane Street Group LLC bought a new stake in Cohen & Steers Real Estate Opportunities & Income Fund during the 1st quarter valued at $179,000. Geneos Wealth Management Inc. raised its holdings in Cohen & Steers Real Estate Opportunities & Income Fund by 575.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,527 shares of the company’s stock valued at $54,000 after buying an additional 3,005 shares during the last quarter. Cetera Investment Advisers raised its holdings in Cohen & Steers Real Estate Opportunities & Income Fund by 9.4% during the 2nd quarter. Cetera Investment Advisers now owns 27,229 shares of the company’s stock valued at $413,000 after buying an additional 2,346 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in Cohen & Steers Real Estate Opportunities & Income Fund by 1.6% during the 2nd quarter. Raymond James Financial Inc. now owns 132,791 shares of the company’s stock valued at $2,016,000 after buying an additional 2,059 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 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.