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

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQIGet Free Report) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 493,638 shares, an increase of 69.5% from the January 15th total of 291,158 shares. Based on an average daily volume of 574,537 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 574,537 shares, the short-interest ratio is presently 0.9 days.

Cohen & Steers Quality Income Realty Fund Price Performance

Shares of NYSE:RQI opened at $13.19 on Monday. Cohen & Steers Quality Income Realty Fund has a one year low of $10.39 and a one year high of $13.46. The firm has a 50 day simple moving average of $11.93 and a 200 day simple moving average of $12.12.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be paid a $0.09 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date is Tuesday, March 10th.

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

A number of institutional investors and hedge funds have recently bought and sold shares of RQI. Focus Partners Wealth boosted its stake in shares of Cohen & Steers Quality Income Realty Fund by 26.4% during the first quarter. Focus Partners Wealth now owns 21,138 shares of the real estate investment trust’s stock valued at $265,000 after purchasing an additional 4,417 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in Cohen & Steers Quality Income Realty Fund by 102.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,606 shares of the real estate investment trust’s stock valued at $58,000 after buying an additional 2,331 shares during the last quarter. CWM LLC raised its holdings in Cohen & Steers Quality Income Realty Fund by 10.3% in the 2nd quarter. CWM LLC now owns 13,719 shares of the real estate investment trust’s stock valued at $171,000 after buying an additional 1,282 shares during the last quarter. Stratos Wealth Partners LTD. boosted its position in Cohen & Steers Quality Income Realty Fund by 70.7% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 25,860 shares of the real estate investment trust’s stock worth $322,000 after buying an additional 10,713 shares during the period. Finally, D.A. Davidson & CO. grew its holdings in Cohen & Steers Quality Income Realty Fund by 6.0% during the 2nd quarter. D.A. Davidson & CO. now owns 35,528 shares of the real estate investment trust’s stock worth $442,000 after acquiring an additional 2,011 shares during the last quarter.

About Cohen & Steers Quality Income Realty Fund

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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

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