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

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQIGet Free Report) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 74,311 shares, a drop of 61.0% from the July 30th total of 190,526 shares. Based on an average daily trading volume, of 479,725 shares, the days-to-cover ratio is currently 0.2 days.

Cohen & Steers Quality Income Realty Fund Trading Down 0.1%

Shares of NYSE RQI traded down $0.01 during midday trading on Friday, hitting $12.32. The company’s stock had a trading volume of 249,326 shares, compared to its average volume of 564,583. Cohen & Steers Quality Income Realty Fund has a 1-year low of $11.30 and a 1-year high of $13.57. The firm’s fifty day moving average price is $12.42 and its 200-day moving average price is $12.73.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 8.8%.

Hedge Funds Weigh In On Cohen & Steers Quality Income Realty Fund

Several institutional investors have recently made changes to their positions in RQI. Wolverine Asset Management LLC acquired a new stake in Cohen & Steers Quality Income Realty Fund in the fourth quarter worth $3,208,000. Mission Hills Financial Advisory LLC boosted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 6.4% during the fourth quarter. Mission Hills Financial Advisory LLC now owns 1,008,247 shares of the real estate investment trust’s stock valued at $11,514,000 after acquiring an additional 60,528 shares during the period. Bank of America Corp DE grew its position 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 worth $33,504,000 after acquiring an additional 219,521 shares during the last quarter. Waverly Advisors LLC bought a new position in shares of Cohen & Steers Quality Income Realty Fund during the first quarter worth about $895,000. Finally, Stephens Inc. AR acquired a new stake in shares of Cohen & Steers Quality Income Realty Fund in the 1st quarter worth about $533,000.

Cohen & Steers Quality Income Realty Fund Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Cohen & Steers Quality Income Realty Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers Quality Income Realty Fund and related companies with MarketBeat.com's FREE daily email newsletter.