Virtus Total Return Fund Inc. (NYSE:ZTR) Stock Short Interest Falls 78.4%

Virtus Total Return Fund Inc. (NYSE:ZTR) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 14,241 shares, a decrease of 78.4% from the September 15th total of 66,027 shares. Based on an average daily volume of 155,242 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Virtus Total Return Fund Price Performance

Shares of NYSE:ZTR traded down $0.01 during trading hours on Tuesday, hitting $6.21. The stock had a trading volume of 23,449 shares, compared to its average volume of 168,856. The stock’s fifty day simple moving average is $6.49 and its 200 day simple moving average is $6.67. Virtus Total Return Fund has a 1-year low of $5.92 and a 1-year high of $7.11.

Virtus Total Return Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 27th. Investors of record on Thursday, November 12th will be issued a $0.0550 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 10.6%. The ex-dividend date of this dividend is Thursday, November 12th.

Institutional Trading of Virtus Total Return Fund

Several large investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC grew its position in Virtus Total Return Fund by 11.2% in the 2nd quarter. CoreCap Advisors LLC now owns 26,367 shares of the investment management company’s stock valued at $180,000 after buying an additional 2,648 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in shares of Virtus Total Return Fund by 21.9% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 16,578 shares of the investment management company’s stock worth $113,000 after buying an additional 2,982 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of Virtus Total Return Fund by 7.0% in the 1st quarter. Royal Bank of Canada now owns 59,951 shares of the investment management company’s stock worth $397,000 after acquiring an additional 3,920 shares during the period. Kestra Advisory Services LLC lifted its stake in shares of Virtus Total Return Fund by 29.5% in the 1st quarter. Kestra Advisory Services LLC now owns 36,447 shares of the investment management company’s stock worth $241,000 after acquiring an additional 8,309 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its stake in shares of Virtus Total Return Fund by 85.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 22,341 shares of the investment management company’s stock worth $153,000 after acquiring an additional 10,291 shares during the period. 47.14% of the stock is currently owned by institutional investors and hedge funds.

About Virtus Total Return Fund

Virtus Total Return Fund (NYSE: ZTR) is a closed-end investment fund designed to pursue total return through a combination of current income and capital appreciation. Rather than operating as a traditional company, the fund invests shareholder capital in a diversified portfolio of securities.

The fund may invest in equity securities, fixed-income instruments, convertible securities and other investments issued by companies and governments in the United States and international markets.