Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Sees Large Drop in Short Interest

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 78,500 shares, a drop of 15.4% from the March 15th total of 92,800 shares. Based on an average trading volume of 91,600 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. DecisionPoint Financial LLC acquired a new position in Cohen & Steers Real Estate Opportunities & Income Fund in the 4th quarter worth about $30,000. PNC Financial Services Group Inc. purchased a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the fourth quarter valued at approximately $186,000. Wolverine Asset Management LLC acquired a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 4th quarter worth approximately $193,000. Samalin Investment Counsel LLC purchased a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 4th quarter valued at approximately $196,000. Finally, Pettinga Financial Advisors LLC acquired a new stake in Cohen & Steers Real Estate Opportunities & Income Fund in the 4th quarter valued at $285,000.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Performance

Cohen & Steers Real Estate Opportunities & Income Fund stock opened at $14.55 on Monday. The stock’s 50 day simple moving average is $15.09 and its two-hundred day simple moving average is $15.54. Cohen & Steers Real Estate Opportunities & Income Fund has a 12 month low of $12.90 and a 12 month high of $17.77.

Cohen & Steers Real Estate Opportunities & Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be given a dividend of $0.11 per share. The ex-dividend date is Tuesday, June 10th. This represents a $1.32 annualized dividend and a yield of 9.08%.

Cohen & Steers Real Estate Opportunities & Income Fund Company Profile

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.