Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY – Get Free Report) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 8,832 shares, a drop of 53.1% from the September 15th total of 18,845 shares. Based on an average daily volume of 65,463 shares, the short-interest ratio is presently 0.1 days.
Institutional Trading of Cohen & Steers Real Estate Opportunities & Income Fund
A number of institutional investors have recently made changes to their positions in RLTY. Independent Financial Group LLC bought a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the first quarter valued at approximately $526,000. World Investment Advisors raised its holdings in Cohen & Steers Real Estate Opportunities & Income Fund by 107.1% during the first 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. Royal Bank of Canada raised its holdings in Cohen & Steers Real Estate Opportunities & Income Fund by 13.7% during the first quarter. Royal Bank of Canada now owns 170,368 shares of the company’s stock worth $2,477,000 after purchasing an additional 20,480 shares in the last quarter. Fifth Third Bancorp bought a new stake in Cohen & Steers Real Estate Opportunities & Income Fund during the first quarter worth approximately $152,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Cohen & Steers Real Estate Opportunities & Income Fund by 16.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,943 shares of the company’s stock worth $125,000 after purchasing an additional 1,115 shares during the period.
Cohen & Steers Real Estate Opportunities & Income Fund Stock Performance
RLTY stock traded down $0.15 during trading on Tuesday, hitting $13.85. The company had a trading volume of 76,994 shares, compared to its average volume of 61,193. The business has a 50 day moving average of $14.95 and a 200 day moving average of $15.37. Cohen & Steers Real Estate Opportunities & Income Fund has a fifty-two week low of $13.34 and a fifty-two week high of $16.41.
About Cohen & Steers Real Estate Opportunities & Income Fund
Cohen & Steers Real Estate Opportunities & Income Fund, Inc (NYSE: RLTY) is a closed-end management investment company focused on real estate and income-oriented investments. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective.
The fund invests primarily in real estate securities, including equity securities of real estate investment trusts (REITs) and other real estate companies. It may also invest in income-producing securities associated with the real estate sector, such as preferred securities, debt securities and other instruments, allowing the portfolio to pursue opportunities across different parts of the real estate capital structure.
RLTY is advised by Cohen & Steers Capital Management, Inc, an investment manager specializing in listed real assets, including real estate, infrastructure, natural resource and commodity-related securities.
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