Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Stock Short Interest Falls 43.9%

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 65,933 shares, a decrease of 43.9% from the September 15th total of 117,582 shares. Based on an average daily volume of 687,983 shares, the short-interest ratio is currently 0.1 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 business. Ameritas Advisory Services LLC raised its stake in Cohen & Steers Quality Income Realty Fund by 710.1% during the 2nd quarter. Ameritas Advisory Services LLC now owns 418,052 shares of the real estate investment trust’s stock valued at $5,146,000 after acquiring an additional 366,445 shares in the last quarter. Matrix Private Capital Group LLC bought a new position in shares of Cohen & Steers Quality Income Realty Fund in the first quarter worth $3,708,000. Independent Financial Group LLC bought a new position in shares of Cohen & Steers Quality Income Realty Fund in the first quarter worth $3,342,000. Punch & Associates Investment Management Inc. bought a new position in shares of Cohen & Steers Quality Income Realty Fund in the second quarter worth $18,286,000. Finally, Bank of America Corp DE increased its holdings in shares of Cohen & Steers Quality Income Realty Fund by 8.6% during the first quarter. Bank of America Corp DE now owns 2,780,381 shares of the real estate investment trust’s stock valued at $33,504,000 after purchasing an additional 219,521 shares during the period.

Cohen & Steers Quality Income Realty Fund Price Performance

Shares of NYSE:RQI traded up $0.05 during trading hours on Friday, hitting $11.20. The stock had a trading volume of 467,838 shares, compared to its average volume of 603,385. The stock’s fifty day simple moving average is $11.73 and its 200 day simple moving average is $12.41. Cohen & Steers Quality Income Realty Fund has a 1-year low of $10.81 and a 1-year high of $13.57.

About Cohen & Steers Quality Income Realty Fund

Cohen & Steers Quality Income Realty Fund, Inc (NYSE: RQI) is a closed-end investment company that seeks to provide investors with high current income and capital appreciation. The fund is managed by Cohen & Steers Capital Management, an investment manager specializing in real assets and income-oriented strategies.

RQI invests primarily in real estate securities, including equity real estate investment trusts (REITs), real estate operating companies and other securities linked to the global real estate industry.