Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Get Free Report) saw a large growth in short interest in May. As of May 15th, there was short interest totalling 91,000 shares, a growth of 126.4% from the April 30th total of 40,200 shares. Based on an average daily volume of 65,600 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.3% of the shares of the company are sold short.
Cohen & Steers Total Return Realty Fund Price Performance
Shares of NYSE:RFI traded up $0.07 during trading on Friday, hitting $12.11. 96,636 shares of the stock were exchanged, compared to its average volume of 70,594. Cohen & Steers Total Return Realty Fund has a 1-year low of $10.43 and a 1-year high of $13.44. The company's fifty day simple moving average is $11.72 and its 200-day simple moving average is $11.97.
Cohen & Steers Total Return Realty Fund Dividend Announcement
The business also recently announced a dividend, which was paid on Friday, May 30th. Investors of record on Wednesday, May 14th were given a dividend of $0.08 per share. The ex-dividend date was Tuesday, May 13th. This represents a dividend yield of 7.99%.
Hedge Funds Weigh In On Cohen & Steers Total Return Realty Fund
Several institutional investors have recently bought and sold shares of RFI. Smith Asset Management Co. LLC bought a new position in shares of Cohen & Steers Total Return Realty Fund in the 1st quarter valued at about $4,174,000. Cape Investment Advisory Inc. bought a new position in Cohen & Steers Total Return Realty Fund in the first quarter valued at approximately $60,000. Royal Bank of Canada lifted its position in shares of Cohen & Steers Total Return Realty Fund by 5.8% in the first quarter. Royal Bank of Canada now owns 167,148 shares of the real estate investment trust's stock worth $2,021,000 after purchasing an additional 9,093 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Cohen & Steers Total Return Realty Fund by 77.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,979 shares of the real estate investment trust's stock worth $48,000 after purchasing an additional 1,732 shares in the last quarter. Finally, Cresset Asset Management LLC bought a new stake in shares of Cohen & Steers Total Return Realty Fund in the first quarter worth $139,000. Institutional investors own 20.42% of the company's stock.
About Cohen & Steers Total Return Realty Fund
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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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