Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Short Interest Down 17.6% in April

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totaling 410,123 shares, a drop of 17.6% from the March 31st total of 497,968 shares. Based on an average trading volume of 292,877 shares, the short-interest ratio is currently 1.4 days.

Cohen & Steers Quality Income Realty Fund Stock Performance

Shares of RQI stock traded up $0.17 during mid-day trading on Thursday, hitting $13.30. The company’s stock had a trading volume of 283,531 shares, compared to its average volume of 468,649. The company’s fifty day simple moving average is $12.72 and its 200-day simple moving average is $12.25. Cohen & Steers Quality Income Realty Fund has a 52 week low of $11.30 and a 52 week high of $13.39.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be given a $0.09 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a c) annualized dividend and a dividend yield of 8.1%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in RQI. Wolverine Asset Management LLC acquired a new position in Cohen & Steers Quality Income Realty Fund during the 4th quarter worth approximately $3,208,000. Ameritas Advisory Services LLC raised its stake in Cohen & Steers Quality Income Realty Fund by 823.8% during the 3rd quarter. Ameritas Advisory Services LLC now owns 204,042 shares of the real estate investment trust’s stock worth $2,544,000 after buying an additional 181,955 shares during the period. Rivernorth Capital Management LLC acquired a new position in Cohen & Steers Quality Income Realty Fund during the 4th quarter worth approximately $1,886,000. Jane Street Group LLC acquired a new position in Cohen & Steers Quality Income Realty Fund during the 4th quarter worth approximately $1,812,000. Finally, Mission Hills Financial Advisory LLC raised its stake in Cohen & Steers Quality Income Realty Fund by 18.5% during the 3rd quarter. Mission Hills Financial Advisory LLC now owns 947,719 shares of the real estate investment trust’s stock worth $11,818,000 after buying an additional 148,034 shares during the period.

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.