Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Sees Large Decrease in Short Interest

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 87,000 shares, a decrease of 20.3% from the March 31st total of 109,200 shares. Based on an average daily volume of 399,700 shares, the short-interest ratio is presently 0.2 days.

Cohen & Steers Quality Income Realty Fund Trading Up 0.6 %

Shares of RQI traded up $0.06 during midday trading on Monday, hitting $11.06. 344,504 shares of the stock were exchanged, compared to its average volume of 423,599. Cohen & Steers Quality Income Realty Fund has a 52-week low of $9.17 and a 52-week high of $12.64. The stock has a fifty day simple moving average of $11.58 and a 200 day simple moving average of $11.36.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Tuesday, June 11th will be given a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 8.68%. The ex-dividend date of this dividend is Tuesday, June 11th.

Institutional Trading of Cohen & Steers Quality Income Realty Fund

Several hedge funds have recently modified their holdings of the stock. Cornerstone Advisors LLC grew its stake in Cohen & Steers Quality Income Realty Fund by 53.7% during the 4th quarter. Cornerstone Advisors LLC now owns 1,167,849 shares of the real estate investment trust’s stock worth $14,294,000 after purchasing an additional 408,232 shares in the last quarter. Karpus Management Inc. grew its position in shares of Cohen & Steers Quality Income Realty Fund by 1,338.3% during the fourth quarter. Karpus Management Inc. now owns 296,817 shares of the real estate investment trust’s stock worth $3,633,000 after buying an additional 276,180 shares in the last quarter. Penserra Capital Management LLC increased its stake in shares of Cohen & Steers Quality Income Realty Fund by 128.0% during the third quarter. Penserra Capital Management LLC now owns 468,753 shares of the real estate investment trust’s stock worth $4,743,000 after buying an additional 263,200 shares during the period. Wealth Advisory Solutions LLC acquired a new stake in Cohen & Steers Quality Income Realty Fund in the first quarter valued at approximately $2,427,000. Finally, Cyndeo Wealth Partners LLC lifted its stake in Cohen & Steers Quality Income Realty Fund by 157.1% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 266,960 shares of the real estate investment trust’s stock worth $3,268,000 after acquiring an additional 163,120 shares during the last quarter.

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.