Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Short Interest Down 39.2% in August

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

Institutional Investors Weigh In On Cohen & Steers Real Estate Opportunities & Income Fund

A number of institutional investors have recently modified their holdings of RLTY. Northwestern Mutual Wealth Management Co. boosted its position in Cohen & Steers Real Estate Opportunities & Income Fund by 16.3% during 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 in the last quarter. Royal Bank of Canada increased its position in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 13.7% in 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 in the last quarter. Independent Financial Group LLC purchased a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the first quarter valued at approximately $526,000. Fifth Third Bancorp acquired a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 1st quarter worth approximately $152,000. Finally, World Investment Advisors raised its stake in shares of 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 buying an additional 33,900 shares during the period.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Up 0.4%

Cohen & Steers Real Estate Opportunities & Income Fund stock traded up $0.07 during midday trading on Thursday, hitting $14.63. 43,238 shares of the company were exchanged, compared to its average volume of 59,715. The business has a fifty day simple moving average of $15.65 and a two-hundred day simple moving average of $15.52. Cohen & Steers Real Estate Opportunities & Income Fund has a fifty-two week low of $14.04 and a fifty-two week high of $16.41.

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. Investors of record on Tuesday, September 8th will be paid a $0.11 dividend. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Tuesday, September 8th.

Cohen & Steers Real Estate Opportunities & Income Fund Company Profile

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.