Short Interest in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Grows By 783.8%

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 41,687 shares, an increase of 783.8% from the June 15th total of 4,717 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 128,294 shares, the days-to-cover ratio is presently 0.3 days.

Cohen & Steers Total Return Realty Fund Stock Performance

NYSE:RFI opened at $11.45 on Monday. Cohen & Steers Total Return Realty Fund has a 52 week low of $10.78 and a 52 week high of $12.17. The stock’s fifty day moving average is $11.33 and its two-hundred day moving average is $11.36.

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 given a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date of this dividend is Tuesday, September 8th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Royal Bank of Canada boosted its stake in Cohen & Steers Total Return Realty Fund by 5.8% during the first quarter. Royal Bank of Canada now owns 167,148 shares of the real estate investment trust’s stock worth $2,021,000 after buying an additional 9,093 shares during the period. Bank of America Corp DE lifted its holdings in shares of Cohen & Steers Total Return Realty Fund by 5.7% in the 2nd quarter. Bank of America Corp DE now owns 54,093 shares of the real estate investment trust’s stock worth $652,000 after acquiring an additional 2,899 shares during the last quarter. Cresset Asset Management LLC lifted its holdings in shares of Cohen & Steers Total Return Realty Fund by 7.4% in the 3rd quarter. Cresset Asset Management LLC now owns 13,209 shares of the real estate investment trust’s stock worth $160,000 after acquiring an additional 905 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of Cohen & Steers Total Return Realty Fund by 106.7% in the 3rd quarter. Private Advisor Group LLC now owns 67,341 shares of the real estate investment trust’s stock worth $815,000 after acquiring an additional 34,767 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of Cohen & Steers Total Return Realty Fund by 7.3% during the 3rd quarter. Raymond James Financial Inc. now owns 82,713 shares of the real estate investment trust’s stock worth $1,001,000 after purchasing an additional 5,656 shares during the period. Institutional investors and hedge funds own 20.42% of the company’s stock.

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.