Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Stock Short Interest Falls 53.1%

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 8,832 shares, a drop of 53.1% from the September 15th total of 18,845 shares. Based on an average trading volume of 65,463 shares, the short-interest ratio is currently 0.1 days.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Performance

RLTY stock traded down $0.15 during midday trading on Tuesday, reaching $13.85. The company had a trading volume of 76,994 shares, compared to its average volume of 61,193. The stock has a 50 day moving average price of $14.95 and a 200 day moving average price of $15.37. Cohen & Steers Real Estate Opportunities & Income Fund has a fifty-two week low of $13.34 and a fifty-two week high of $16.41.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in RLTY. Northwestern Mutual Wealth Management Co. lifted its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 16.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,943 shares of the company’s stock valued at $125,000 after buying an additional 1,115 shares during the last quarter. Fifth Third Bancorp acquired a new position in Cohen & Steers Real Estate Opportunities & Income Fund during the 1st quarter valued at about $152,000. World Investment Advisors acquired a new position in Cohen & Steers Real Estate Opportunities & Income Fund during the 4th quarter valued at about $465,000. Independent Financial Group LLC bought a new position in Cohen & Steers Real Estate Opportunities & Income Fund in the 1st quarter worth about $526,000. Finally, Royal Bank of Canada grew its position 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 worth $2,477,000 after purchasing an additional 20,480 shares during the last quarter.

Cohen & Steers Real Estate Opportunities & Income Fund Company Profile

Cohen & Steers Real Estate Opportunities & Income Fund, Inc (NYSE: RLTY) is a closed-end management investment company focused on real estate and income-oriented investments. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective.

The fund invests primarily in real estate securities, including equity securities of real estate investment trusts (REITs) and other real estate companies. It may also invest in income-producing securities associated with the real estate sector, such as preferred securities, debt securities and other instruments, allowing the portfolio to pursue opportunities across different parts of the real estate capital structure.

RLTY is advised by Cohen & Steers Capital Management, Inc, an investment manager specializing in listed real assets, including real estate, infrastructure, natural resource and commodity-related securities.