Short Interest in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Declines By 14.8%

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 153,400 shares, a decrease of 14.8% from the December 15th total of 180,100 shares. Based on an average daily volume of 319,200 shares, the days-to-cover ratio is presently 0.5 days.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. HBW Advisory Services LLC raised its stake in shares of Cohen & Steers Quality Income Realty Fund by 1.4% in the 3rd quarter. HBW Advisory Services LLC now owns 66,920 shares of the real estate investment trust’s stock valued at $948,000 after purchasing an additional 934 shares during the period. Sweeney & Michel LLC grew its holdings in shares of Cohen & Steers Quality Income Realty Fund by 1.7% during the third quarter. Sweeney & Michel LLC now owns 59,035 shares of the real estate investment trust’s stock worth $829,000 after buying an additional 999 shares in the last quarter. Prospera Financial Services Inc raised its position in Cohen & Steers Quality Income Realty Fund by 1.8% in the 3rd quarter. Prospera Financial Services Inc now owns 87,580 shares of the real estate investment trust’s stock valued at $1,241,000 after buying an additional 1,512 shares during the last quarter. Stifel Financial Corp lifted its stake in Cohen & Steers Quality Income Realty Fund by 1.7% in the 3rd quarter. Stifel Financial Corp now owns 106,344 shares of the real estate investment trust’s stock valued at $1,507,000 after acquiring an additional 1,818 shares in the last quarter. Finally, Allworth Financial LP boosted its position in Cohen & Steers Quality Income Realty Fund by 19.0% during the 3rd quarter. Allworth Financial LP now owns 11,694 shares of the real estate investment trust’s stock worth $166,000 after acquiring an additional 1,865 shares during the last quarter.

Cohen & Steers Quality Income Realty Fund Stock Performance

RQI stock traded up $0.10 during mid-day trading on Thursday, hitting $12.62. 415,156 shares of the company were exchanged, compared to its average volume of 457,096. Cohen & Steers Quality Income Realty Fund has a 1-year low of $10.61 and a 1-year high of $14.41. The firm’s 50 day simple moving average is $12.88 and its 200 day simple moving average is $13.06.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, January 14th. This represents a dividend yield of 7.8%.

About Cohen & Steers Quality Income Realty Fund

Cohen & Steers Quality Income Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.