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

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 544,500 shares, a decrease of 14.9% from the February 28th total of 639,800 shares. Based on an average daily volume of 367,300 shares, the short-interest ratio is presently 1.5 days.

Cohen & Steers Quality Income Realty Fund Stock Performance

Shares of RQI traded down $0.35 during trading hours on Thursday, hitting $12.37. The stock had a trading volume of 385,468 shares, compared to its average volume of 353,056. Cohen & Steers Quality Income Realty Fund has a 1-year low of $10.61 and a 1-year high of $14.41. The firm has a 50 day simple moving average of $12.79 and a 200-day simple moving average of $13.09.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The company also recently disclosed a — dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a yield of 7.7%.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Strategic Financial Concepts LLC acquired a new stake in Cohen & Steers Quality Income Realty Fund in the 4th quarter valued at $315,000. Choreo LLC acquired a new position in shares of Cohen & Steers Quality Income Realty Fund during the fourth quarter valued at about $174,000. Stifel Financial Corp grew its holdings in shares of Cohen & Steers Quality Income Realty Fund by 1.7% during the third quarter. Stifel Financial Corp now owns 106,344 shares of the real estate investment trust’s stock valued at $1,507,000 after buying an additional 1,818 shares during the last quarter. LPL Financial LLC boosted its stake in Cohen & Steers Quality Income Realty Fund by 28.6% during the 4th quarter. LPL Financial LLC now owns 962,075 shares of the real estate investment trust’s stock valued at $11,776,000 after purchasing an additional 214,071 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in Cohen & Steers Quality Income Realty Fund by 4.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 92,744 shares of the real estate investment trust’s stock worth $1,135,000 after purchasing an additional 4,211 shares in the last quarter.

Cohen & Steers Quality Income Realty Fund Company Profile

Cohen & Steers Quality Income Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.