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

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 3,851,777 shares, a growth of 1,159.9% from the May 31st total of 305,710 shares. Based on an average daily trading volume, of 983,781 shares, the short-interest ratio is presently 3.9 days.

Cohen & Steers Quality Income Realty Fund Trading Down 1.2%

Shares of RQI stock traded down $0.16 on Thursday, reaching $12.43. 775,422 shares of the stock were exchanged, compared to its average volume of 519,754. The firm has a 50 day moving average of $13.06 and a two-hundred day moving average of $12.54. Cohen & Steers Quality Income Realty Fund has a 1-year low of $11.30 and a 1-year high of $13.57.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.09 per share. The ex-dividend date is Tuesday, September 8th. This represents a c) annualized dividend and a yield of 8.7%.

Hedge Funds Weigh In On Cohen & Steers Quality Income Realty Fund

A number of large investors have recently modified their holdings of the company. Wolverine Asset Management LLC acquired a new position in Cohen & Steers Quality Income Realty Fund during the fourth quarter valued at approximately $3,208,000. Mission Hills Financial Advisory LLC raised its stake in shares of Cohen & Steers Quality Income Realty Fund by 6.4% in 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 during the period. Lake Street Private Wealth LLC raised its stake in shares of Cohen & Steers Quality Income Realty Fund by 18.7% in the 4th quarter. Lake Street Private Wealth LLC now owns 561,750 shares of the real estate investment trust’s stock valued at $6,415,000 after acquiring an additional 88,350 shares during the period. Indivisible Partners acquired a new position in shares of Cohen & Steers Quality Income Realty Fund during the 4th quarter valued at $1,228,000. Finally, ORG Wealth Partners LLC lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 2.1% during the 4th quarter. ORG Wealth Partners LLC now owns 95,371 shares of the real estate investment trust’s stock valued at $1,089,000 after acquiring an additional 1,958 shares in the last quarter.

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.