Short Interest in Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Increases By 446.8%

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTYGet Free Report) was the recipient of a significant growth in short interest in the month of 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 daily trading volume, of 46,249 shares, the short-interest ratio is presently 0.3 days.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Up 1.6%

Shares of RLTY stock traded up $0.25 during trading on Friday, reaching $15.87. 69,002 shares of the company’s stock were exchanged, compared to its average volume of 61,274. Cohen & Steers Real Estate Opportunities & Income Fund has a twelve month low of $14.04 and a twelve month high of $15.97. The firm’s fifty day moving average price is $15.62 and its 200-day moving average price is $15.22.

Cohen & Steers Real Estate Opportunities & Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be paid a $0.11 dividend. The ex-dividend date is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 8.3%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 6.2% during the third quarter. Bank of America Corp DE now owns 224,695 shares of the company’s stock worth $3,433,000 after acquiring an additional 13,164 shares during the period. Wolverine Asset Management LLC lifted its holdings in Cohen & Steers Real Estate Opportunities & Income Fund by 391.7% during the 4th quarter. Wolverine Asset Management LLC now owns 178,436 shares of the company’s stock worth $2,623,000 after purchasing an additional 142,146 shares during the last quarter. Consolidated Portfolio Review Corp boosted its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 19.5% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 172,072 shares of the company’s stock valued at $2,629,000 after purchasing an additional 28,037 shares during the period. Royal Bank of Canada boosted 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 purchasing an additional 20,480 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in Cohen & Steers Real Estate Opportunities & Income Fund by 1.6% in 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 in the last quarter.

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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