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) was the target of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 276,400 shares, a decline of 17.5% from the October 15th total of 335,200 shares. Based on an average daily volume of 317,100 shares, the short-interest ratio is currently 0.9 days.

Cohen & Steers Quality Income Realty Fund Stock Down 0.1 %

Shares of Cohen & Steers Quality Income Realty Fund stock traded down $0.01 on Friday, reaching $12.95. 203,963 shares of the company traded hands, compared to its average volume of 376,495. The company has a 50 day moving average of $13.77 and a 200 day moving average of $12.62. Cohen & Steers Quality Income Realty Fund has a 52 week low of $10.52 and a 52 week high of $14.41.

Cohen & Steers Quality Income Realty Fund Announces Dividend

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

Insiders Place Their Bets

In related news, Portfolio Manager Mathew Kirschner acquired 5,380 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The stock was acquired at an average price of $14.02 per share, for a total transaction of $75,427.60. Following the completion of the acquisition, the portfolio manager now owns 5,380 shares of the company’s stock, valued at approximately $75,427.60. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Lake Street Private Wealth LLC raised its holdings in Cohen & Steers Quality Income Realty Fund by 1.3% during the 3rd quarter. Lake Street Private Wealth LLC now owns 418,100 shares of the real estate investment trust’s stock valued at $5,924,000 after acquiring an additional 5,225 shares during the period. Apollon Wealth Management LLC boosted its stake in Cohen & Steers Quality Income Realty Fund by 1.7% in the 2nd quarter. Apollon Wealth Management LLC now owns 286,815 shares of the real estate investment trust’s stock worth $3,350,000 after purchasing an additional 4,769 shares during the period. Castle Wealth Management LLC grew its holdings in Cohen & Steers Quality Income Realty Fund by 5.6% during the 3rd quarter. Castle Wealth Management LLC now owns 230,736 shares of the real estate investment trust’s stock valued at $3,270,000 after buying an additional 12,162 shares in the last quarter. Wealth Advisory Solutions LLC increased its position in shares of Cohen & Steers Quality Income Realty Fund by 5.0% during the third quarter. Wealth Advisory Solutions LLC now owns 211,405 shares of the real estate investment trust’s stock valued at $2,996,000 after buying an additional 10,072 shares during the period. Finally, Sargent Investment Group LLC lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 1.2% in the third quarter. Sargent Investment Group LLC now owns 201,080 shares of the real estate investment trust’s stock worth $2,849,000 after buying an additional 2,400 shares in the last quarter.

About Cohen & Steers Quality Income Realty Fund

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.