Short Interest in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Decreases By 38.6%

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFIGet Free Report) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 8,131 shares, a decrease of 38.6% from the April 30th total of 13,236 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 89,180 shares, the short-interest ratio is presently 0.1 days.

Cohen & Steers Total Return Realty Fund Price Performance

Shares of RFI opened at $11.27 on Friday. The company’s 50 day simple moving average is $11.36 and its 200 day simple moving average is $11.32. Cohen & Steers Total Return Realty Fund has a 1 year low of $10.78 and a 1 year high of $12.18.

Cohen & Steers Total Return Realty Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a c) annualized dividend and a dividend yield of 8.5%.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Heritage Wealth Advisors purchased a new position in shares of Cohen & Steers Total Return Realty Fund during the fourth quarter valued at approximately $29,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 36.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,675 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 979 shares during the period. CoreCap Advisors LLC lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 17.7% during the fourth quarter. CoreCap Advisors LLC now owns 9,985 shares of the real estate investment trust’s stock valued at $110,000 after buying an additional 1,500 shares during the period. Sage Investment Counsel LLC purchased a new position in shares of Cohen & Steers Total Return Realty Fund during the fourth quarter valued at approximately $110,000. Finally, Virtu Financial LLC purchased a new position in shares of Cohen & Steers Total Return Realty Fund during the fourth quarter valued at approximately $128,000. Hedge funds and other institutional investors own 20.42% of the company’s stock.

Cohen & Steers Total Return Realty Fund Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Cohen & Steers Total Return Realty Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers Total Return Realty Fund and related companies with MarketBeat.com's FREE daily email newsletter.