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

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 12,473 shares, an increase of 446.8% from the May 31st total of 2,281 shares. Based on an average daily trading volume, of 46,249 shares, the days-to-cover ratio is currently 0.3 days.

Cohen & Steers Real Estate Opportunities & Income Fund Trading Up 1.5%

RLTY traded up $0.23 during trading on Friday, hitting $15.85. 102,687 shares of the stock traded hands, compared to its average volume of 61,585. Cohen & Steers Real Estate Opportunities & Income Fund has a 12-month low of $14.04 and a 12-month high of $15.97. The firm has a 50-day moving average of $15.63 and a 200 day moving average of $15.22.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of RLTY. Bank of America Corp DE raised its position in Cohen & Steers Real Estate Opportunities & Income Fund by 6.2% during the 3rd quarter. Bank of America Corp DE now owns 224,695 shares of the company’s stock valued at $3,433,000 after purchasing an additional 13,164 shares during the last quarter. Wolverine Asset Management LLC grew its position in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 391.7% in the 4th quarter. Wolverine Asset Management LLC now owns 178,436 shares of the company’s stock worth $2,623,000 after buying an additional 142,146 shares during the last quarter. Consolidated Portfolio Review Corp increased its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 19.5% during the third quarter. Consolidated Portfolio Review Corp now owns 172,072 shares of the company’s stock valued at $2,629,000 after buying an additional 28,037 shares during the period. Royal Bank of Canada increased its stake in shares of 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 valued at $2,477,000 after buying an additional 20,480 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 1.6% during the second quarter. Raymond James Financial Inc. now owns 132,791 shares of the company’s stock valued at $2,016,000 after acquiring an additional 2,059 shares in the last quarter.

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.