Total Return Securities, Inc. (NYSE:SWZ) Short Interest Up 1,874.8% in August

Key Points

• Total Return Securities, Inc. (NYSE:SWZ) experienced a dramatic increase in short interest of 1,874.8% in August, rising from 13,100 shares to 258,700 shares by the end of the month.
• Approximately 41.12% of Total Return Securities is owned by hedge funds and institutional investors, with several funds acquiring new positions recently.
• The stock is trading at $6.12 as of the latest update, with a 52-week range between $5.99 and $9.43.

Total Return Securities, Inc. (NYSE:SWZ - ) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 258,700 shares, an increase of 1,874.8% from the August 15th total of 13,100 shares. Based on an average daily trading volume, of 60,100 shares, the days-to-cover ratio is presently 4.3 days. Approximately 2.0% of the shares of the stock are short sold. Approximately 2.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 60,100 shares, the days-to-cover ratio is presently 4.3 days.

Institutional Trading of Total Return Securities

Several institutional investors and hedge funds have recently made changes to their positions in the stock. North Ground Capital acquired a new position in Total Return Securities in the first quarter valued at $44,000. Blue Bell Private Wealth Management LLC increased its stake in Total Return Securities by 7.3% in the first quarter. Blue Bell Private Wealth Management LLC now owns 98,002 shares of the closed-end fund's stock valued at $904,000 after purchasing an additional 6,685 shares during the last quarter. Uncommon Cents Investing LLC increased its stake in Total Return Securities by 8.7% in the first quarter. Uncommon Cents Investing LLC now owns 100,130 shares of the closed-end fund's stock valued at $923,000 after purchasing an additional 8,030 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Total Return Securities in the second quarter valued at $55,000. Finally, Private Management Group Inc. acquired a new position in Total Return Securities in the second quarter valued at $67,000. 41.12% of the stock is currently owned by hedge funds and other institutional investors.

Total Return Securities Stock Performance

SWZ stock traded up $0.03 during midday trading on Thursday, hitting $6.12. 1,333 shares of the stock were exchanged, compared to its average volume of 65,433. The stock's 50-day moving average price is $6.15 and its 200-day moving average price is $6.97. Total Return Securities has a fifty-two week low of $5.99 and a fifty-two week high of $9.43.

Total Return Securities Company Profile

The Swiss Helvetia Fund Inc is a closed-ended equity mutual fund launched and managed by Schroder Investment Management North America Inc The fund invests in public equity markets of Switzerland. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of companies across all market capitalizations.

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