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

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) was the recipient of a large decline in short interest in 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 trading volume, of 37,415 shares, the days-to-cover ratio is presently 0.2 days.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Up 0.6%

Shares of NYSE:RLTY traded up $0.09 during midday trading on Thursday, reaching $15.58. The company’s stock had a trading volume of 9,737 shares, compared to its average volume of 63,065. The firm has a 50 day moving average price of $15.35 and a two-hundred day moving average price of $15.14. Cohen & Steers Real Estate Opportunities & Income Fund has a fifty-two week low of $14.04 and a fifty-two week high of $15.97.

Cohen & Steers Real Estate Opportunities & Income Fund Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Gilpin Wealth Management LLC acquired a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 4th quarter valued at $33,000. Global Retirement Partners LLC acquired a new position in Cohen & Steers Real Estate Opportunities & Income Fund during the 4th quarter worth approximately $51,000. Geneos Wealth Management Inc. raised its stake 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 worth $54,000 after buying an additional 3,005 shares during the period. US Bancorp DE acquired a new position in Cohen & Steers Real Estate Opportunities & Income Fund during the 3rd quarter worth approximately $99,000. Finally, Osaic Holdings Inc. raised its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 58.0% during the 2nd quarter. Osaic Holdings Inc. now owns 10,171 shares of the company’s stock worth $154,000 after buying an additional 3,735 shares during the period.

About Cohen & Steers Real Estate Opportunities & Income Fund

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.