Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Sees Significant Increase in Short Interest

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 41,687 shares, a growth of 783.8% from the June 15th total of 4,717 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 128,294 shares, the short-interest ratio is currently 0.3 days.

Cohen & Steers Total Return Realty Fund Price Performance

Shares of NYSE:RFI traded up $0.02 during trading on Friday, hitting $11.45. The company had a trading volume of 86,723 shares, compared to its average volume of 103,134. The company has a fifty day simple moving average of $11.33 and a two-hundred day simple moving average of $11.35. Cohen & Steers Total Return Realty Fund has a one year low of $10.78 and a one year high of $12.17.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be issued a $0.08 dividend. The ex-dividend date is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%.

Hedge Funds Weigh In On Cohen & Steers Total Return Realty Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Heritage Wealth Advisors acquired a new position in shares of Cohen & Steers Total Return Realty Fund in the 4th quarter valued at $29,000. Northwestern Mutual Wealth Management Co. boosted its stake in Cohen & Steers Total Return Realty Fund by 36.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,675 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 979 shares during the last quarter. CoreCap Advisors LLC grew its stake in Cohen & Steers Total Return Realty Fund by 17.7% during the 4th quarter. CoreCap Advisors LLC now owns 9,985 shares of the real estate investment trust’s stock valued at $110,000 after acquiring an additional 1,500 shares in the last quarter. Sage Investment Counsel LLC purchased a new stake in shares of Cohen & Steers Total Return Realty Fund in the fourth quarter valued at approximately $110,000. Finally, Virtu Financial LLC purchased a new stake in Cohen & Steers Total Return Realty Fund in the 4th quarter valued at $128,000. 20.42% of the stock is currently owned by institutional investors.

About Cohen & Steers Total Return Realty Fund

Cohen & Steers Total Return Realty Fund, Inc (NYSE:RFI) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation by investing primarily in real estate securities. Managed by Cohen & Steers Capital Management, Inc, the fund employs a research‐driven, flexible strategy designed to capture income and growth opportunities within the global real estate sector.

The fund’s portfolio typically includes a diversified mix of real estate investment trusts (REITs), real estate operating companies, preferred and convertible securities, and other real estate-related fixed-income instruments.