Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Short Interest Up 1,159.9% in June

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 3,851,777 shares, a growth of 1,159.9% from the May 31st total of 305,710 shares. Based on an average daily trading volume, of 983,781 shares, the days-to-cover ratio is presently 3.9 days.

Cohen & Steers Quality Income Realty Fund Stock Up 0.6%

Cohen & Steers Quality Income Realty Fund stock traded up $0.07 during midday trading on Friday, hitting $12.48. 629,833 shares of the company were exchanged, compared to its average volume of 520,670. The business has a fifty day simple moving average of $13.05 and a two-hundred day simple moving average of $12.54. Cohen & Steers Quality Income Realty Fund has a fifty-two week low of $11.30 and a fifty-two week high of $13.57.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%.

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

Several institutional investors have recently made changes to their positions in RQI. Next Level Private LLC grew its position in Cohen & Steers Quality Income Realty Fund by 2.1% during the first quarter. Next Level Private LLC now owns 38,235 shares of the real estate investment trust’s stock valued at $461,000 after buying an additional 802 shares during the period. 180 Wealth Advisors LLC raised its position in shares of Cohen & Steers Quality Income Realty Fund by 7.8% in the first quarter. 180 Wealth Advisors LLC now owns 11,299 shares of the real estate investment trust’s stock worth $136,000 after acquiring an additional 821 shares during the period. Triumph Capital Management boosted its stake in shares of Cohen & Steers Quality Income Realty Fund by 19.1% during the 4th quarter. Triumph Capital Management now owns 5,631 shares of the real estate investment trust’s stock worth $64,000 after acquiring an additional 902 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Cohen & Steers Quality Income Realty Fund by 2.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 38,739 shares of the real estate investment trust’s stock worth $483,000 after acquiring an additional 925 shares in the last quarter. Finally, Comerica Bank grew its position in shares of Cohen & Steers Quality Income Realty Fund by 2.9% during the 4th quarter. Comerica Bank now owns 33,437 shares of the real estate investment trust’s stock valued at $382,000 after acquiring an additional 954 shares during the period.

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.