Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Sees Significant Drop in Short Interest

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 2,281 shares, a drop of 60.8% from the May 14th total of 5,815 shares. Based on an average daily trading volume, of 49,852 shares, the short-interest ratio is currently 0.0 days.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Up 0.1%

RLTY traded up $0.01 on Friday, hitting $15.75. The company’s stock had a trading volume of 38,689 shares, compared to its average volume of 62,379. The company’s 50 day simple moving average is $15.54 and its 200-day simple moving average is $15.18. Cohen & Steers Real Estate Opportunities & Income Fund has a 12 month low of $14.04 and a 12 month high of $15.97.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be issued a $0.11 dividend. This represents a c) annualized dividend and a yield of 8.4%. The ex-dividend date of this dividend is Tuesday, June 9th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Gilpin Wealth Management LLC bought a new position in Cohen & Steers Real Estate Opportunities & Income Fund in the 4th quarter valued at $33,000. Global Retirement Partners LLC bought a new position in Cohen & Steers Real Estate Opportunities & Income Fund in the 4th quarter valued at $51,000. Geneos Wealth Management Inc. boosted its holdings in Cohen & Steers Real Estate Opportunities & Income Fund by 575.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,527 shares of the company’s stock valued at $54,000 after purchasing an additional 3,005 shares during the period. US Bancorp DE bought a new position in Cohen & Steers Real Estate Opportunities & Income Fund in the 3rd quarter valued at $99,000. Finally, Fifth Third Bancorp bought a new position in Cohen & Steers Real Estate Opportunities & Income Fund in the 1st quarter valued at $152,000.

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.