Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Short Interest Update

Key Points

• Cohen & Steers Total Return Realty Fund, Inc. saw a significant increase in short interest, rising by 47.8% in August, bringing the total to 56,300 shares.
• The company announced a monthly dividend of $0.08, resulting in a 7.9% annualized dividend yield paid to stockholders of record as of August 12.
• Recent institutional activities include Osaic Holdings increasing its stake by 6.8% during Q2, highlighting growing interest among hedge funds in the fund.

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - ) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 56,300 shares, anincreaseof47.8% from the July 31st total of 38,100 shares. Based on an average daily trading volume, of 62,300 shares, the short-interest ratio is currently 0.9 days. Based on an average daily trading volume, of 62,300 shares, the short-interest ratio is currently 0.9 days.

Cohen & Steers Total Return Realty Fund Stock Performance

Shares of NYSE RFI traded up $0.10 during midday trading on Friday, hitting $12.10. The stock had a trading volume of 92,756 shares, compared to its average volume of 60,718. Cohen & Steers Total Return Realty Fund has a 1-year low of $10.43 and a 1-year high of $13.39. The company has a fifty day moving average price of $11.97 and a 200 day moving average price of $11.90.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, August 29th. Stockholders of record on Tuesday, August 12th were paid a $0.08 dividend. This represents a c) annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend was Tuesday, August 12th.

Institutional Investors Weigh In On Cohen & Steers Total Return Realty Fund

Several hedge funds have recently modified their holdings of the stock. Osaic Holdings Inc. raised its holdings in shares of Cohen & Steers Total Return Realty Fund by 6.8% during the 2nd quarter. Osaic Holdings Inc. now owns 457,715 shares of the real estate investment trust's stock valued at $5,520,000 after buying an additional 28,999 shares during the period. Newbridge Financial Services Group Inc. purchased a new stake in shares of Cohen & Steers Total Return Realty Fund during the 2nd quarter valued at about $108,000. Bank of America Corp DE increased its holdings in Cohen & Steers Total Return Realty Fund by 5.7% during 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 purchasing an additional 2,899 shares during the last quarter. Cetera Investment Advisers increased its holdings in Cohen & Steers Total Return Realty Fund by 5.9% during the 2nd quarter. Cetera Investment Advisers now owns 130,224 shares of the real estate investment trust's stock worth $1,571,000 after purchasing an additional 7,274 shares during the last quarter. Finally, Westbourne Investment Advisors Inc. purchased a new stake in Cohen & Steers Total Return Realty Fund during the 2nd quarter worth approximately $328,000. 20.42% of the stock is currently owned by hedge funds and other institutional investors.

Cohen & Steers Total Return Realty Fund Company Profile

Cohen & Steers Total Return Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.

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