Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Stock Short Interest Declines 59.3%

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 17,689 shares, a drop of 59.3% from the September 30th total of 43,505 shares. Based on an average daily trading volume, of 117,700 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Cohen & Steers Total Return Realty Fund Stock Down 0.7%

NYSE:RFI opened at $10.21 on Thursday. Cohen & Steers Total Return Realty Fund has a 52-week low of $10.17 and a 52-week high of $12.07. The stock has a fifty day simple moving average of $10.79 and a 200-day simple moving average of $11.25.

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

Hedge funds have recently added to or reduced their stakes in the business. Independent Financial Group LLC purchased a new position in shares of Cohen & Steers Total Return Realty Fund during the 1st quarter worth approximately $2,779,000. Gridiron Partners LLC acquired a new position in shares of Cohen & Steers Total Return Realty Fund during the 2nd quarter worth approximately $1,698,000. Private Advisor Group LLC raised its position in shares of Cohen & Steers Total Return Realty Fund by 6.0% during the 1st quarter. Private Advisor Group LLC now owns 71,941 shares of the real estate investment trust's stock worth $801,000 after purchasing an additional 4,062 shares during the last quarter. Bank of America Corp DE raised its position in shares of Cohen & Steers Total Return Realty Fund by 8.9% during the 1st quarter. Bank of America Corp DE now owns 60,733 shares of the real estate investment trust's stock worth $677,000 after purchasing an additional 4,972 shares during the last quarter. Finally, Readystate Asset Management LP raised its position in shares of Cohen & Steers Total Return Realty Fund by 86.6% during the 2nd quarter. Readystate Asset Management LP now owns 43,625 shares of the real estate investment trust's stock worth $494,000 after purchasing an additional 20,241 shares during the last quarter. 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-end investment company listed on the New York Stock Exchange under the ticker symbol RFI. The fund is managed by Cohen & Steers, an investment manager specializing in real assets, including real estate securities.

The fund seeks to provide total return through a combination of current income and capital appreciation. It invests primarily in equity and debt securities issued by real estate companies, including real estate investment trusts (REITs), as well as other securities connected to the real estate industry.

Cohen & Steers Total Return Realty Fund may invest across different property sectors and geographic markets, with the portfolio's allocations determined by its investment strategy and market conditions.

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