Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Short Interest Down 17.5% in October

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 276,400 shares, a decrease of 17.5% from the October 15th total of 335,200 shares. Based on an average daily volume of 317,100 shares, the days-to-cover ratio is currently 0.9 days.

Cohen & Steers Quality Income Realty Fund Price Performance

Shares of RQI stock traded down $0.01 on Friday, reaching $12.95. 204,163 shares of the company were exchanged, compared to its average volume of 376,495. The company has a 50-day moving average of $13.75 and a 200-day moving average of $12.63. Cohen & Steers Quality Income Realty Fund has a one year low of $10.52 and a one year high of $14.41.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $0.96 annualized dividend and a yield of 7.41%.

Insider Activity

In related news, Portfolio Manager Mathew Kirschner bought 5,380 shares of the business’s stock in a transaction that occurred on Wednesday, October 16th. The shares were acquired at an average cost of $14.02 per share, with a total value of $75,427.60. Following the completion of the purchase, the portfolio manager now directly owns 5,380 shares in the company, valued at $75,427.60. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

A number of hedge funds have recently added to or reduced their stakes in the company. Consolidated Portfolio Review Corp bought a new position in shares of Cohen & Steers Quality Income Realty Fund in the 2nd quarter worth $1,809,000. International Assets Investment Management LLC acquired a new position in Cohen & Steers Quality Income Realty Fund during the third quarter worth $1,474,000. Matrix Private Capital Group LLC lifted its stake in shares of Cohen & Steers Quality Income Realty Fund by 109.3% in the second quarter. Matrix Private Capital Group LLC now owns 170,345 shares of the real estate investment trust’s stock valued at $1,990,000 after buying an additional 88,965 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Cohen & Steers Quality Income Realty Fund during the second quarter valued at about $807,000. Finally, Sweeney & Michel LLC bought a new stake in shares of Cohen & Steers Quality Income Realty Fund during the first quarter worth about $682,000.

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.