Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Sees Large Decrease in Short Interest

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 190,526 shares, a decrease of 96.2% from the July 15th total of 4,960,148 shares. Based on an average daily trading volume, of 765,063 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Cohen & Steers Quality Income Realty Fund

Several hedge funds have recently modified their holdings of RQI. Morgan Stanley increased its holdings in Cohen & Steers Quality Income Realty Fund by 0.3% during the fourth quarter. Morgan Stanley now owns 5,168,845 shares of the real estate investment trust’s stock valued at $59,028,000 after buying an additional 16,811 shares during the period. Bank of America Corp DE lifted its holdings in Cohen & Steers Quality Income Realty Fund by 8.6% during the first quarter. Bank of America Corp DE now owns 2,780,381 shares of the real estate investment trust’s stock worth $33,504,000 after buying an additional 219,521 shares during the period. Raymond James Financial Inc. boosted its position in Cohen & Steers Quality Income Realty Fund by 4.8% during the 2nd quarter. Raymond James Financial Inc. now owns 2,055,112 shares of the real estate investment trust’s stock valued at $25,586,000 after acquiring an additional 94,428 shares in the last quarter. Mission Hills Financial Advisory LLC boosted its position in Cohen & Steers Quality Income Realty Fund by 6.4% during the 4th quarter. Mission Hills Financial Advisory LLC now owns 1,008,247 shares of the real estate investment trust’s stock valued at $11,514,000 after acquiring an additional 60,528 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in shares of Cohen & Steers Quality Income Realty Fund by 9.6% in the 4th quarter. LPL Financial LLC now owns 862,723 shares of the real estate investment trust’s stock valued at $9,852,000 after acquiring an additional 75,816 shares during the period.

Cohen & Steers Quality Income Realty Fund Stock Performance

Shares of RQI stock traded down $0.17 on Tuesday, hitting $12.27. The stock had a trading volume of 463,463 shares, compared to its average volume of 575,523. The business has a 50 day moving average price of $12.54 and a 200 day moving average price of $12.72. Cohen & Steers Quality Income Realty Fund has a one year low of $11.30 and a one year high of $13.57.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 8.8%.

Cohen & Steers Quality Income Realty Fund Company Profile

Cohen & Steers Quality Income Realty Fund (NYSE: RQI) is a closed-end management investment company that seeks to provide attractive levels of income and long-term growth of capital by investing primarily in real estate securities. The fund pursues a diversified portfolio approach, targeting real estate investment trusts (REITs) and real estate operating companies across a range of property sectors, including industrial, office, retail, residential and specialized real estate.

The fund’s investment strategy emphasizes high-quality, income-producing real estate securities.