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 large 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 trading volume of 983,781 shares, the days-to-cover ratio is presently 3.9 days.

Cohen & Steers Quality Income Realty Fund Trading Up 0.3%

RQI traded up $0.04 during trading hours on Friday, hitting $12.45. The company’s stock had a trading volume of 122,248 shares, compared to its average volume of 516,111. The business’s 50-day moving average price is $13.06 and its 200-day moving average price is $12.54. Cohen & Steers Quality Income Realty Fund has a 12 month low of $11.30 and a 12 month high of $13.57.

Cohen & Steers Quality Income Realty Fund Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in RQI. Wolverine Asset Management LLC bought a new position in Cohen & Steers Quality Income Realty Fund during the fourth quarter valued at $3,208,000. Mission Hills Financial Advisory LLC lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 6.4% in the 4th quarter. Mission Hills Financial Advisory LLC now owns 1,008,247 shares of the real estate investment trust’s stock worth $11,514,000 after acquiring an additional 60,528 shares during the last quarter. Lake Street Private Wealth LLC boosted its stake in shares of Cohen & Steers Quality Income Realty Fund by 18.7% during the 4th quarter. Lake Street Private Wealth LLC now owns 561,750 shares of the real estate investment trust’s stock worth $6,415,000 after purchasing an additional 88,350 shares during the period. Indivisible Partners purchased a new position in shares of Cohen & Steers Quality Income Realty Fund during the 4th quarter worth about $1,228,000. Finally, ORG Wealth Partners LLC grew its holdings in Cohen & Steers Quality Income Realty Fund by 2.1% during the 4th quarter. ORG Wealth Partners LLC now owns 95,371 shares of the real estate investment trust’s stock valued at $1,089,000 after purchasing an additional 1,958 shares during the last quarter.

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.