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 recipient of a large 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 trading volume of 317,100 shares, the days-to-cover ratio is presently 0.9 days.

Cohen & Steers Quality Income Realty Fund Trading Down 0.1 %

NYSE RQI traded down $0.01 during trading hours on Friday, hitting $12.95. 203,963 shares of the company’s stock were exchanged, compared to its average volume of 376,495. Cohen & Steers Quality Income Realty Fund has a 1-year low of $10.52 and a 1-year high of $14.41. The stock has a 50-day simple moving average of $13.77 and a 200 day simple moving average of $12.62.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

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

Insiders Place Their Bets

In other news, Portfolio Manager Mathew Kirschner acquired 5,380 shares of Cohen & Steers Quality Income Realty Fund stock in a transaction dated Wednesday, October 16th. The shares were bought at an average cost of $14.02 per share, with a total value of $75,427.60. Following the purchase, the portfolio manager now owns 5,380 shares in the company, valued at $75,427.60. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Morse Asset Management Inc acquired a new position in Cohen & Steers Quality Income Realty Fund during the third quarter worth $29,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Cohen & Steers Quality Income Realty Fund in the 3rd quarter valued at about $43,000. Larson Financial Group LLC acquired a new position in Cohen & Steers Quality Income Realty Fund during the 2nd quarter valued at about $80,000. UMB Bank n.a. bought a new stake in Cohen & Steers Quality Income Realty Fund during the 2nd quarter worth approximately $93,000. Finally, XML Financial LLC purchased a new stake in shares of Cohen & Steers Quality Income Realty Fund in the second quarter worth approximately $119,000.

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.