Short Interest in Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Drops By 14.1%

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totalling 29,300 shares, a drop of 14.1% from the June 15th total of 34,100 shares. Based on an average trading volume of 61,500 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Cohen & Steers Real Estate Opportunities & Income Fund

A number of institutional investors have recently added to or reduced their stakes in the business. Prevail Innovative Wealth Advisors LLC boosted its position in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 21.7% during the 1st quarter. Prevail Innovative Wealth Advisors LLC now owns 72,129 shares of the company’s stock valued at $1,063,000 after acquiring an additional 12,849 shares during the last quarter. Moloney Securities Asset Management LLC raised its position in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 8.0% during the 1st quarter. Moloney Securities Asset Management LLC now owns 44,924 shares of the company’s stock valued at $662,000 after buying an additional 3,309 shares in the last quarter. Consolidated Portfolio Review Corp bought a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 1st quarter worth $206,000. Finally, PFG Investments LLC bought a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 1st quarter worth $206,000.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Performance

Shares of NYSE:RLTY traded up $0.11 during midday trading on Monday, reaching $15.06. 53,801 shares of the company traded hands, compared to its average volume of 71,879. Cohen & Steers Real Estate Opportunities & Income Fund has a 12 month low of $11.38 and a 12 month high of $15.15. The business’s fifty day moving average price is $14.01.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 10th will be given a $0.11 dividend. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.76%.

About Cohen & Steers Real Estate Opportunities & Income Fund

Cohen & Steers Real Estate Opportunities & Income Fund is an open end balanced mutual fund launched and managed by Cohen & Steers Capital Management, Inc It invests in the public equity and fixed income markets of global region. For its equity portion, the fund invests directly and through derivatives in stocks of companies operating across financials, diversified financials, mortgage real estate investment trusts (reits) and real estate sectors.