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

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) was the recipient of a large drop in short interest in 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 trading volume of 479,725 shares, the days-to-cover ratio is presently 0.2 days.

Cohen & Steers Quality Income Realty Fund Trading Down 0.1%

RQI stock traded down $0.01 during trading on Friday, reaching $12.32. 249,326 shares of the company’s stock were exchanged, 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 company’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 business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be paid a dividend of $0.09 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date is Tuesday, September 8th.

Institutional Investors Weigh In On Cohen & Steers Quality Income Realty Fund

Several institutional investors have recently bought and sold shares of RQI. Morgan Stanley increased its stake in Cohen & Steers Quality Income Realty Fund by 0.3% during the 4th quarter. Morgan Stanley now owns 5,168,845 shares of the real estate investment trust’s stock valued at $59,028,000 after buying an additional 16,811 shares during the period. Bank of America Corp DE raised its position in shares of Cohen & Steers Quality Income Realty Fund by 8.6% during the 1st 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 buying an additional 219,521 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of Cohen & Steers Quality Income Realty Fund by 4.8% in the 2nd quarter. Raymond James Financial Inc. now owns 2,055,112 shares of the real estate investment trust’s stock worth $25,586,000 after acquiring an additional 94,428 shares during the period. Mission Hills Financial Advisory LLC lifted its stake in shares of Cohen & Steers Quality Income Realty Fund by 6.4% in the 4th quarter. Mission Hills Financial Advisory LLC now owns 1,008,247 shares of the real estate investment trust’s stock worth $11,514,000 after acquiring an additional 60,528 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 9.6% in the fourth quarter. LPL Financial LLC now owns 862,723 shares of the real estate investment trust’s stock valued at $9,852,000 after acquiring an additional 75,816 shares in 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.