Short Interest in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Increases By 185.8%

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 52,992 shares, an increase of 185.8% from the July 15th total of 18,540 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 100,476 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in RFI. NWF Advisory Services Inc. lifted its position in shares of Cohen & Steers Total Return Realty Fund by 2.8% in the 1st quarter. NWF Advisory Services Inc. now owns 33,425 shares of the real estate investment trust’s stock worth $372,000 after purchasing an additional 900 shares during the period. Cresset Asset Management LLC lifted its holdings in Cohen & Steers Total Return Realty Fund by 7.4% during the third quarter. Cresset Asset Management LLC now owns 13,209 shares of the real estate investment trust’s stock worth $160,000 after buying an additional 905 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position 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 valued at $41,000 after acquiring an additional 979 shares in the last quarter. Comerica Bank boosted its position in Cohen & Steers Total Return Realty Fund by 3.9% during the 4th quarter. Comerica Bank now owns 27,778 shares of the real estate investment trust’s stock valued at $307,000 after acquiring an additional 1,043 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Cohen & Steers Total Return Realty Fund by 11.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 13,838 shares of the real estate investment trust’s stock valued at $153,000 after acquiring an additional 1,412 shares during the period. Hedge funds and other institutional investors own 20.42% of the company’s stock.

Cohen & Steers Total Return Realty Fund Price Performance

Shares of RFI stock traded down $0.04 during mid-day trading on Friday, hitting $11.52. The stock had a trading volume of 74,812 shares, compared to its average volume of 105,584. Cohen & Steers Total Return Realty Fund has a 12-month low of $10.78 and a 12-month high of $12.17. The firm’s 50-day moving average is $11.40 and its two-hundred day moving average is $11.43.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 8.3%.

Cohen & Steers Total Return Realty Fund Company Profile

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.