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

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 21,000 shares, an increase of 250.0% from the September 30th total of 6,000 shares. Based on an average daily volume of 56,700 shares, the short-interest ratio is presently 0.4 days.

Cohen & Steers Total Return Realty Fund Stock Performance

RFI traded up $0.32 during midday trading on Friday, hitting $13.12. 478,077 shares of the company traded hands, compared to its average volume of 67,773. Cohen & Steers Total Return Realty Fund has a 52-week low of $9.62 and a 52-week high of $13.44. The business has a 50 day simple moving average of $12.94 and a two-hundred day simple moving average of $12.05.

Cohen & Steers Total Return Realty Fund Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th will be paid a $0.08 dividend. This represents a dividend yield of 7.41%. The ex-dividend date of this dividend is Tuesday, October 15th.

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

Several hedge funds and other institutional investors have recently modified their holdings of the business. Stratos Wealth Advisors LLC lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 2.4% in the third quarter. Stratos Wealth Advisors LLC now owns 71,267 shares of the real estate investment trust’s stock worth $933,000 after buying an additional 1,667 shares in the last quarter. Cornerstone Advisors LLC lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 2,151.9% in the second quarter. Cornerstone Advisors LLC now owns 61,386 shares of the real estate investment trust’s stock worth $710,000 after buying an additional 58,660 shares in the last quarter. WealthBridge Capital Management LLC lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 16.0% in the third quarter. WealthBridge Capital Management LLC now owns 55,235 shares of the real estate investment trust’s stock worth $723,000 after buying an additional 7,603 shares in the last quarter. Consolidated Portfolio Review Corp lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 34.6% in the second quarter. Consolidated Portfolio Review Corp now owns 30,409 shares of the real estate investment trust’s stock worth $352,000 after buying an additional 7,824 shares in the last quarter. Finally, RB Capital Management LLC lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 3.9% in the first quarter. RB Capital Management LLC now owns 24,925 shares of the real estate investment trust’s stock worth $296,000 after buying an additional 945 shares in the last quarter. 20.42% of the stock is 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-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.