Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Short Interest Up 141.8% in April

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 13,236 shares, a growth of 141.8% from the April 15th total of 5,475 shares. Based on an average daily volume of 83,236 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Cohen & Steers Total Return Realty Fund Price Performance

Shares of NYSE RFI traded down $0.14 during midday trading on Friday, reaching $11.21. The company’s stock had a trading volume of 99,255 shares, compared to its average volume of 97,874. Cohen & Steers Total Return Realty Fund has a fifty-two week low of $10.78 and a fifty-two week high of $12.18. The stock has a 50 day simple moving average of $11.41 and a 200-day simple moving average of $11.35.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a yield of 8.6%. The ex-dividend date is Tuesday, June 9th.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RFI. Heritage Wealth Advisors bought a new position in Cohen & Steers Total Return Realty Fund during the fourth quarter worth $29,000. Northwestern Mutual Wealth Management Co. boosted its position in 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 worth $41,000 after purchasing an additional 979 shares during the period. Eastern Bank bought a new position in Cohen & Steers Total Return Realty Fund during the third quarter worth $46,000. CoreCap Advisors LLC boosted its position in 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 worth $110,000 after purchasing an additional 1,500 shares during the period. Finally, Sage Investment Counsel LLC bought a new position in Cohen & Steers Total Return Realty Fund during the fourth quarter worth $110,000. 20.42% of the stock is owned by institutional investors.

About Cohen & Steers Total Return Realty Fund

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.