Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Short Interest Update

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) was the recipient of a large drop in short interest in March. As of March 13th, there was short interest totaling 383,693 shares, a drop of 17.9% from the February 26th total of 467,483 shares. Based on an average daily volume of 407,308 shares, the short-interest ratio is currently 0.9 days.

Cohen & Steers Quality Income Realty Fund Stock Performance

RQI stock traded up $0.24 during midday trading on Monday, hitting $11.94. 149,816 shares of the stock were exchanged, compared to its average volume of 523,774. The stock’s 50-day moving average price is $12.59 and its 200-day moving average price is $12.19. Cohen & Steers Quality Income Realty Fund has a fifty-two week low of $10.39 and a fifty-two week high of $13.39.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be paid a dividend of $0.09 per share. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend is Tuesday, June 9th.

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

Several hedge funds have recently added to or reduced their stakes in the business. Atlantic Union Bankshares Corp lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 290.1% in the third quarter. Atlantic Union Bankshares Corp now owns 2,017 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,500 shares in the last quarter. J.Safra Asset Management Corp purchased a new stake in Cohen & Steers Quality Income Realty Fund in the 3rd quarter valued at approximately $25,000. Root Financial Partners LLC acquired a new stake in Cohen & Steers Quality Income Realty Fund during the 3rd quarter valued at $37,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Cohen & Steers Quality Income Realty Fund during the fourth quarter worth $36,000. Finally, CoreCap Advisors LLC lifted its position in shares of Cohen & Steers Quality Income Realty Fund by 75.3% in the fourth quarter. CoreCap Advisors LLC now owns 3,291 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 1,414 shares in the last quarter.

About Cohen & Steers Quality Income Realty Fund

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.