Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Sees Significant Decrease in Short Interest

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 8,131 shares, a decrease of 38.6% from the April 30th total of 13,236 shares. Based on an average trading volume of 89,180 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Cohen & Steers Total Return Realty Fund Trading Up 0.3%

Shares of RFI stock opened at $11.16 on Wednesday. The business’s 50 day simple moving average is $11.34 and its 200 day simple moving average is $11.33. Cohen & Steers Total Return Realty Fund has a one year low of $10.78 and a one year high of $12.18.

Cohen & Steers Total Return Realty Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a c) annualized dividend and a yield of 8.6%.

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

Institutional investors have recently added to or reduced their stakes in the business. Wolverine Asset Management LLC acquired a new position in Cohen & Steers Total Return Realty Fund in the fourth quarter valued at approximately $1,001,000. Patten & Patten Inc. TN acquired a new position in Cohen & Steers Total Return Realty Fund in the fourth quarter valued at approximately $490,000. Merit Financial Group LLC acquired a new position in Cohen & Steers Total Return Realty Fund in the fourth quarter valued at approximately $129,000. Sage Investment Counsel LLC acquired a new position in Cohen & Steers Total Return Realty Fund in the fourth quarter valued at approximately $110,000. Finally, CoreCap Advisors LLC lifted its stake in Cohen & Steers Total Return Realty Fund by 17.7% in the fourth quarter. CoreCap Advisors LLC now owns 9,985 shares of the real estate investment trust’s stock valued at $110,000 after buying an additional 1,500 shares during the period. 20.42% of the stock is owned by institutional investors and hedge funds.

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.