Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Short Interest Down 50.3% in November

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) was the target of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 28,800 shares, a decrease of 50.3% from the October 31st total of 58,000 shares. Based on an average daily volume of 90,600 shares, the days-to-cover ratio is presently 0.3 days.

Cohen & Steers Real Estate Opportunities & Income Fund Price Performance

RLTY traded up $0.26 during midday trading on Thursday, reaching $16.48. The company’s stock had a trading volume of 73,867 shares, compared to its average volume of 79,376. Cohen & Steers Real Estate Opportunities & Income Fund has a 1 year low of $12.98 and a 1 year high of $17.77. The stock’s 50-day moving average is $16.53 and its 200-day moving average is $15.52.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th will be issued a dividend of $0.11 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.01%. The ex-dividend date of this dividend is Tuesday, December 10th.

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

A number of institutional investors have recently made changes to their positions in RLTY. Concorde Asset Management LLC purchased a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 2nd quarter valued at about $245,000. Stifel Financial Corp grew its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 19.1% in the 3rd quarter. Stifel Financial Corp now owns 18,342 shares of the company’s stock worth $313,000 after buying an additional 2,942 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 6.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 30,112 shares of the company’s stock worth $429,000 after buying an additional 1,835 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 22.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 27,055 shares of the company’s stock worth $462,000 after buying an additional 4,900 shares in the last quarter. Finally, Moloney Securities Asset Management LLC boosted its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 2.4% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 46,009 shares of the company’s stock worth $655,000 after purchasing an additional 1,085 shares during the period.

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.