Short Interest in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Declines By 49.6%

Key Points

• Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) experienced a significant drop in short interest, declining by 49.6% from 56,300 to 28,400 shares as of August 31st.
• Institutional investors own 20.42% of the company's stock, with several hedge funds increasing their positions in recent quarters.
• The fund recently announced a monthly dividend of $0.08, which translates to an annualized dividend yield of 8.0%.

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Get Free Report) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 28,400 shares, a decrease of 49.6% from the August 15th total of 56,300 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 64,200 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 64,200 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Cohen & Steers Total Return Realty Fund Stock Down 0.3%

Shares of RFI traded down $0.04 during trading hours on Friday, reaching $11.95. 46,332 shares of the company traded hands, compared to its average volume of 62,727. Cohen & Steers Total Return Realty Fund has a fifty-two week low of $10.43 and a fifty-two week high of $13.29. The stock has a fifty day simple moving average of $11.97 and a 200 day simple moving average of $11.89.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, August 29th. Investors of record on Tuesday, August 12th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%.

Institutional Trading of Cohen & Steers Total Return Realty Fund

A number of large investors have recently made changes to their positions in the stock. Consolidated Portfolio Review Corp boosted its stake in shares of Cohen & Steers Total Return Realty Fund by 2.7% during the first quarter. Consolidated Portfolio Review Corp now owns 34,938 shares of the real estate investment trust's stock valued at $422,000 after acquiring an additional 918 shares during the last quarter. AdvisorNet Financial Inc boosted its stake in shares of Cohen & Steers Total Return Realty Fund by 65.2% during the second quarter. AdvisorNet Financial Inc now owns 2,610 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 1,030 shares during the last quarter. Samalin Investment Counsel LLC boosted its stake in Cohen & Steers Total Return Realty Fund by 1.4% in the 2nd quarter. Samalin Investment Counsel LLC now owns 78,241 shares of the real estate investment trust's stock worth $944,000 after buying an additional 1,068 shares during the last quarter. Golden State Wealth Management LLC boosted its stake in Cohen & Steers Total Return Realty Fund by 103.9% in the 1st quarter. Golden State Wealth Management LLC now owns 2,749 shares of the real estate investment trust's stock worth $33,000 after buying an additional 1,401 shares during the last quarter. Finally, RB Capital Management LLC boosted its stake in Cohen & Steers Total Return Realty Fund by 7.0% in the 4th quarter. RB Capital Management LLC now owns 23,868 shares of the real estate investment trust's stock worth $276,000 after buying an additional 1,562 shares during the last quarter. Institutional investors and hedge funds own 20.42% of the company's stock.

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.