Short Interest in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Drops By 61.0%

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 74,311 shares, a decline of 61.0% from the July 30th total of 190,526 shares. Based on an average daily trading volume, of 479,725 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Gables Capital Management Inc. bought a new stake in Cohen & Steers Quality Income Realty Fund during the 2nd quarter valued at $32,000. Geneos Wealth Management Inc. boosted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 102.5% in the first quarter. Geneos Wealth Management Inc. now owns 4,606 shares of the real estate investment trust’s stock worth $58,000 after acquiring an additional 2,331 shares during the period. Triumph Capital Management bought a new position in shares of Cohen & Steers Quality Income Realty Fund in the third quarter worth $59,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of Cohen & Steers Quality Income Realty Fund during the 1st quarter valued at $107,000. Finally, Allied Private Wealth LLC bought a new stake in shares of Cohen & Steers Quality Income Realty Fund during the 2nd quarter valued at $107,000.

Cohen & Steers Quality Income Realty Fund Stock Up 0.1%

Shares of NYSE RQI traded up $0.01 during trading on Friday, reaching $12.34. 637,595 shares of the stock traded hands, compared to its average volume of 567,045. Cohen & Steers Quality Income Realty Fund has a 52-week low of $11.30 and a 52-week high of $13.57. The company has a 50-day moving average of $12.42 and a 200-day moving average of $12.73.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

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

About Cohen & Steers Quality Income Realty Fund

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.