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

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) was the recipient of a large decline in short interest during 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 trading volume of 479,725 shares, the days-to-cover ratio is currently 0.2 days.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Focus Partners Wealth increased its stake in Cohen & Steers Quality Income Realty Fund by 26.4% in the 1st quarter. Focus Partners Wealth now owns 21,138 shares of the real estate investment trust’s stock worth $265,000 after purchasing an additional 4,417 shares during the period. Geneos Wealth Management Inc. increased its stake 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 buying an additional 2,331 shares during the period. Invesco Ltd. purchased a new position in shares of Cohen & Steers Quality Income Realty Fund in the second quarter worth $396,000. Baird Financial Group Inc. raised its holdings in Cohen & Steers Quality Income Realty Fund by 3.6% during the 2nd quarter. Baird Financial Group Inc. now owns 65,935 shares of the real estate investment trust’s stock valued at $821,000 after buying an additional 2,264 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Cohen & Steers Quality Income Realty Fund by 32.6% during the 2nd quarter. NewEdge Advisors LLC now owns 10,327 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 2,537 shares during the last quarter.

Cohen & Steers Quality Income Realty Fund Price Performance

Shares of RQI stock traded up $0.01 on Friday, hitting $12.34. 637,595 shares of the company’s stock traded hands, compared to its average volume of 567,045. The company’s fifty day simple moving average is $12.42 and its 200 day simple moving average is $12.73. 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 Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders 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 of this dividend 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.