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

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 91,000 shares, an increase of 126.4% from the April 30th total of 40,200 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 65,600 shares, the days-to-cover ratio is presently 1.4 days.

Cohen & Steers Total Return Realty Fund Stock Down 0.7%

Shares of NYSE RFI traded down $0.08 during mid-day trading on Tuesday, reaching $12.03. The company had a trading volume of 31,371 shares, compared to its average volume of 70,466. Cohen & Steers Total Return Realty Fund has a one year low of $10.43 and a one year high of $13.44. The business's 50-day simple moving average is $11.73 and its 200 day simple moving average is $11.96.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, May 30th. Stockholders of record on Wednesday, May 14th were paid a $0.08 dividend. The ex-dividend date was Tuesday, May 13th. This represents a dividend yield of 7.99%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Smith Asset Management Co. LLC bought a new stake in Cohen & Steers Total Return Realty Fund during the 1st quarter worth approximately $4,174,000. Cape Investment Advisory Inc. acquired a new stake in shares of Cohen & Steers Total Return Realty Fund during the 1st quarter worth approximately $60,000. Royal Bank of Canada grew its holdings in 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 during the period. Northwestern Mutual Wealth Management Co. increased its position in Cohen & Steers Total Return Realty Fund by 77.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,979 shares of the real estate investment trust's stock valued at $48,000 after buying an additional 1,732 shares in the last quarter. Finally, Cresset Asset Management LLC bought a new position in shares of Cohen & Steers Total Return Realty Fund in the 1st quarter worth $139,000. 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.