Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Short Interest Update

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 22,271 shares, a drop of 39.2% from the August 15th total of 36,605 shares. Based on an average trading volume of 32,473 shares, the short-interest ratio is currently 0.7 days.

Cohen & Steers Real Estate Opportunities & Income Fund Price Performance

NYSE:RLTY traded up $0.07 during midday trading on Wednesday, hitting $14.74. 30,037 shares of the stock were exchanged, compared to its average volume of 59,571. Cohen & Steers Real Estate Opportunities & Income Fund has a one year low of $14.04 and a one year high of $16.41. The business has a 50-day moving average price of $15.68 and a two-hundred day moving average price of $15.53.

Cohen & Steers Real Estate Opportunities & Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be paid a $0.11 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date of this dividend is Tuesday, September 8th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Closed End Fund Advisors Inc. acquired a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the fourth quarter valued at approximately $923,000. Independent Financial Group LLC acquired a new position in Cohen & Steers Real Estate Opportunities & Income Fund in the 1st quarter worth approximately $526,000. World Investment Advisors grew its position in Cohen & Steers Real Estate Opportunities & Income Fund by 107.1% during the 1st 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 grew its position in Cohen & Steers Real Estate Opportunities & Income Fund by 13.7% during the 1st 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. Finally, Fifth Third Bancorp acquired a new stake in Cohen & Steers Real Estate Opportunities & Income Fund during the 1st quarter valued at $152,000.

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.