Virtus Total Return Fund Inc. (NYSE:ZTR) Short Interest Update

Virtus Total Return Fund Inc. (NYSE:ZTR) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 21,888 shares, an increase of 61.4% from the May 14th total of 13,565 shares. Based on an average daily trading volume, of 135,655 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Virtus Total Return Fund Trading Up 0.4%

Shares of ZTR traded up $0.03 during trading hours on Tuesday, hitting $6.79. 20,419 shares of the stock were exchanged, compared to its average volume of 182,463. Virtus Total Return Fund has a fifty-two week low of $5.97 and a fifty-two week high of $7.11. The business has a 50-day moving average of $6.76 and a 200-day moving average of $6.62.

Virtus Total Return Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, August 28th. Investors of record on Thursday, August 13th will be given a dividend of $0.055 per share. The ex-dividend date is Thursday, August 13th. This represents a c) annualized dividend and a dividend yield of 9.7%.

Institutional Investors Weigh In On Virtus Total Return Fund

Several institutional investors and hedge funds have recently made changes to their positions in the business. Guggenheim Capital LLC boosted its position in shares of Virtus Total Return Fund by 2.0% during the 4th quarter. Guggenheim Capital LLC now owns 1,246,096 shares of the investment management company’s stock valued at $7,850,000 after purchasing an additional 24,583 shares in the last quarter. Saba Capital Management L.P. bought a new stake in shares of Virtus Total Return Fund during the 1st quarter valued at about $7,512,000. Yakira Capital Management Inc. boosted its position in shares of Virtus Total Return Fund by 0.5% during the 3rd quarter. Yakira Capital Management Inc. now owns 682,714 shares of the investment management company’s stock valued at $4,404,000 after purchasing an additional 3,530 shares in the last quarter. Alpine Global Management LLC bought a new stake in shares of Virtus Total Return Fund during the 3rd quarter valued at about $4,064,000. Finally, Private Advisor Group LLC boosted its position in shares of Virtus Total Return Fund by 4.2% during the 1st quarter. Private Advisor Group LLC now owns 351,813 shares of the investment management company’s stock valued at $2,329,000 after purchasing an additional 14,238 shares in the last quarter. Institutional investors own 47.14% of the company’s stock.

Virtus Total Return Fund Company Profile

Virtus Total Return Fund, Inc (NYSE: ZTR) is a closed-end management investment company that seeks to provide investors with high total return with moderate income. The fund, which began operations in 2005, trades on the New York Stock Exchange and is sponsored by Virtus Investment Partners. ZTR offers investors access to a diversified mix of fixed-income and equity opportunities within a single vehicle.

To pursue its stated objective, the fund typically allocates across a broad range of asset classes, including corporate debt securities, high-yield bonds, convertible securities, preferred stocks, common stocks and real estate investment trusts (REITs).