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

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

Cohen & Steers Quality Income Realty Fund Price Performance

Shares of NYSE RQI remained flat at $12.31 during midday trading on Wednesday. 355,762 shares of the stock were exchanged, compared to its average volume of 573,955. The business’s 50-day simple moving average is $12.54 and its 200-day simple moving average is $12.72. 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 Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) annualized dividend and a yield of 8.8%.

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

A number of institutional investors and hedge funds have recently bought and sold shares of RQI. Gables Capital Management Inc. bought a new position in shares of Cohen & Steers Quality Income Realty Fund in the second quarter worth about $32,000. Geneos Wealth Management Inc. raised its stake in Cohen & Steers Quality Income Realty Fund by 102.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,606 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 2,331 shares during the period. Triumph Capital Management bought a new stake in Cohen & Steers Quality Income Realty Fund during the 3rd quarter valued at approximately $59,000. Cassaday & Co Wealth Management LLC purchased a new position in Cohen & Steers Quality Income Realty Fund in the 1st quarter worth approximately $107,000. Finally, Allied Private Wealth LLC purchased a new position in Cohen & Steers Quality Income Realty Fund in the 2nd quarter worth approximately $107,000.

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.