Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Short Interest Up 133.9% in June

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTYGet Free Report) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 29,169 shares, a growth of 133.9% from the June 15th total of 12,473 shares. Based on an average daily trading volume, of 66,359 shares, the days-to-cover ratio is presently 0.4 days.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Down 1.0%

RLTY stock traded down $0.16 during trading on Wednesday, hitting $15.86. 55,483 shares of the company’s stock traded hands, compared to its average volume of 63,265. Cohen & Steers Real Estate Opportunities & Income Fund has a 52 week low of $14.04 and a 52 week high of $16.11. The stock has a fifty day moving average price of $15.72 and a two-hundred day moving average price of $15.34.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) annualized dividend and a dividend yield of 8.3%.

Institutional Trading of Cohen & Steers Real Estate Opportunities & Income Fund

Large investors have recently modified their holdings of the company. Fifth Third Bancorp acquired a new stake in Cohen & Steers Real Estate Opportunities & Income Fund in the 1st quarter valued at approximately $152,000. Gilpin Wealth Management LLC bought a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the fourth quarter worth $33,000. Global Retirement Partners LLC bought a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the fourth quarter worth $51,000. US Bancorp DE acquired a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the third quarter valued at $99,000. Finally, Osaic Holdings Inc. increased its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 58.0% during the second quarter. Osaic Holdings Inc. now owns 10,171 shares of the company’s stock valued at $154,000 after purchasing an additional 3,735 shares during the period.

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.

Further Reading

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