Short Interest in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Decreases By 17.9%

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

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

Several hedge funds have recently added to or reduced their stakes in RQI. J.Safra Asset Management Corp bought a new position in Cohen & Steers Quality Income Realty Fund in the 3rd quarter worth about $25,000. Atlantic Union Bankshares Corp lifted its stake 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 worth $25,000 after buying an additional 1,500 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Cohen & Steers Quality Income Realty Fund in the fourth quarter worth approximately $36,000. Root Financial Partners LLC purchased a new stake in shares of Cohen & Steers Quality Income Realty Fund during the third quarter valued at approximately $37,000. Finally, CoreCap Advisors LLC increased its position in shares of Cohen & Steers Quality Income Realty Fund by 75.3% during 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.

Cohen & Steers Quality Income Realty Fund Price Performance

Shares of RQI stock traded up $0.11 during trading hours on Wednesday, hitting $12.16. 99,980 shares of the company’s stock traded hands, compared to its average volume of 524,202. The stock’s fifty day simple moving average is $12.59 and its two-hundred day simple moving average is $12.18. Cohen & Steers Quality Income Realty Fund has a 12-month low of $10.39 and a 12-month high of $13.39.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a dividend of $0.09 per share. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend is Tuesday, June 9th.

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.