Total Return Securities, Inc. (NYSE:SWZ) Short Interest Update

Total Return Securities, Inc. (NYSE:SWZ) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 16,789 shares, a decrease of 54.8% from the May 31st total of 37,108 shares. Based on an average daily volume of 91,410 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Insiders Place Their Bets

In other news, CEO Andrew Dakos acquired 7,718 shares of Total Return Securities stock in a transaction on Thursday, April 16th. The shares were purchased at an average price of $6.06 per share, with a total value of $46,771.08. Following the acquisition, the chief executive officer owned 103,000 shares in the company, valued at $624,180. This represents a 8.10% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In the last three months, insiders have purchased 41,385 shares of company stock valued at $248,032. Insiders own 0.03% of the company’s stock.

Institutional Trading of Total Return Securities

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. North Ground Capital lifted its position in Total Return Securities by 241.6% during the 4th quarter. North Ground Capital now owns 661,145 shares of the closed-end fund’s stock valued at $4,112,000 after purchasing an additional 467,622 shares during the period. Alpine Global Management LLC grew its position in shares of Total Return Securities by 372.2% during the 4th quarter. Alpine Global Management LLC now owns 413,169 shares of the closed-end fund’s stock worth $2,570,000 after buying an additional 325,669 shares during the period. Saba Capital Management L.P. grew its position in shares of Total Return Securities by 100.0% during the 4th quarter. Saba Capital Management L.P. now owns 605,224 shares of the closed-end fund’s stock worth $3,764,000 after buying an additional 302,612 shares during the period. Evolve Private Wealth LLC bought a new stake in shares of Total Return Securities during the fourth quarter worth approximately $1,355,000. Finally, Sit Investment Associates Inc. raised its stake in shares of Total Return Securities by 33,845.7% during the fourth quarter. Sit Investment Associates Inc. now owns 101,837 shares of the closed-end fund’s stock worth $633,000 after buying an additional 101,537 shares during the last quarter. 41.12% of the stock is currently owned by institutional investors and hedge funds.

Total Return Securities Price Performance

NYSE SWZ opened at $5.91 on Monday. Total Return Securities has a 52 week low of $5.84 and a 52 week high of $6.43. The stock has a fifty day moving average of $5.98 and a 200-day moving average of $6.05.

Total Return Securities Company Profile

Total Return Securities (NYSE:SWZ) is a closed-end management investment company listed on the New York Stock Exchange. The fund seeks to deliver a high total return for shareholders by combining capital appreciation with current income. It provides access to a diversified portfolio of equity and fixed-income securities spanning multiple industries and regions.

SWZ’s investment strategy typically blends dividend-paying common stocks, corporate bonds and other credit instruments. The fund may employ moderate leverage to enhance returns and pursues an active management approach, dynamically adjusting its allocations in response to evolving market conditions.