Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Short Interest Up 28.9% in February

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 90,900 shares, an increase of 28.9% from the February 13th total of 70,500 shares. Based on an average daily volume of 97,100 shares, the short-interest ratio is currently 0.9 days.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Performance

Shares of RLTY stock traded up $0.40 on Monday, hitting $15.46. 64,245 shares of the stock traded hands, compared to its average volume of 83,375. Cohen & Steers Real Estate Opportunities & Income Fund has a 1-year low of $12.98 and a 1-year high of $17.77. The company’s fifty day moving average is $15.40 and its 200 day moving average is $15.95.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

The company also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were given a dividend of $0.11 per share. This represents a dividend yield of 9.08%. The ex-dividend date of this dividend was Tuesday, January 14th.

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

Several institutional investors and hedge funds have recently made changes to their positions in RLTY. Wells Fargo & Company MN raised its position in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 157.6% during the 4th quarter. Wells Fargo & Company MN now owns 214,158 shares of the company’s stock valued at $3,165,000 after acquiring an additional 131,038 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Cohen & Steers Real Estate Opportunities & Income Fund in the fourth quarter worth $1,821,000. Advisors Asset Management Inc. increased its position in Cohen & Steers Real Estate Opportunities & Income Fund by 142.2% in the fourth quarter. Advisors Asset Management Inc. now owns 170,779 shares of the company’s stock worth $2,524,000 after buying an additional 100,272 shares during the period. Bank of America Corp DE increased its position in Cohen & Steers Real Estate Opportunities & Income Fund by 28.2% in the fourth quarter. Bank of America Corp DE now owns 318,997 shares of the company’s stock worth $4,715,000 after buying an additional 70,236 shares during the period. Finally, Pathstone Holdings LLC increased its position in Cohen & Steers Real Estate Opportunities & Income Fund by 8.0% in the fourth quarter. Pathstone Holdings LLC now owns 741,215 shares of the company’s stock worth $10,961,000 after buying an additional 54,640 shares during the period.

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.