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 increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,851,777 shares, an increase of 1,159.9% from the May 31st total of 305,710 shares. Based on an average daily volume of 983,781 shares, the days-to-cover ratio is presently 3.9 days.

Cohen & Steers Quality Income Realty Fund Price Performance

Shares of NYSE:RQI traded down $0.16 during midday trading on Thursday, reaching $12.43. The company’s stock had a trading volume of 775,422 shares, compared to its average volume of 519,754. Cohen & Steers Quality Income Realty Fund has a 1 year low of $11.30 and a 1 year high of $13.57. The business has a 50 day moving average price of $13.06 and a 200 day moving average price of $12.54.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The firm 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 $0.09 dividend. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Tuesday, September 8th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Next Level Private LLC lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 2.1% during the 1st quarter. Next Level Private LLC now owns 38,235 shares of the real estate investment trust’s stock worth $461,000 after acquiring an additional 802 shares during the period. 180 Wealth Advisors LLC grew its holdings in Cohen & Steers Quality Income Realty Fund by 7.8% in the first quarter. 180 Wealth Advisors LLC now owns 11,299 shares of the real estate investment trust’s stock valued at $136,000 after purchasing an additional 821 shares during the period. Triumph Capital Management grew its holdings in Cohen & Steers Quality Income Realty Fund by 19.1% in the fourth quarter. Triumph Capital Management now owns 5,631 shares of the real estate investment trust’s stock valued at $64,000 after purchasing an additional 902 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Cohen & Steers Quality Income Realty Fund by 2.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 38,739 shares of the real estate investment trust’s stock worth $483,000 after purchasing an additional 925 shares during the last quarter. Finally, Comerica Bank increased its position in Cohen & Steers Quality Income Realty Fund by 2.9% during the fourth quarter. Comerica Bank now owns 33,437 shares of the real estate investment trust’s stock worth $382,000 after purchasing an additional 954 shares during 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.