Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Short Interest Update

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 41,900 shares, a decline of 37.0% from the February 28th total of 66,500 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 77,600 shares, the short-interest ratio is presently 0.5 days.

Cohen & Steers Total Return Realty Fund Stock Performance

RFI traded up $0.10 during trading on Friday, reaching $11.96. The stock had a trading volume of 80,099 shares, compared to its average volume of 71,076. Cohen & Steers Total Return Realty Fund has a 1-year low of $10.67 and a 1-year high of $13.44. The stock has a 50 day moving average of $12.03 and a two-hundred day moving average of $12.36.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 8th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $0.96 annualized dividend and a yield of 8.03%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers boosted its position in shares of Cohen & Steers Total Return Realty Fund by 54.1% during the 4th quarter. Cetera Investment Advisers now owns 117,392 shares of the real estate investment trust’s stock valued at $1,359,000 after purchasing an additional 41,204 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Cohen & Steers Total Return Realty Fund by 2.7% during the fourth quarter. Ameriprise Financial Inc. now owns 96,466 shares of the real estate investment trust’s stock valued at $1,117,000 after buying an additional 2,518 shares in the last quarter. Wolverine Asset Management LLC acquired a new position in shares of Cohen & Steers Total Return Realty Fund in the fourth quarter worth about $1,075,000. Raymond James Financial Inc. purchased a new position in shares of Cohen & Steers Total Return Realty Fund in the fourth quarter worth approximately $969,000. Finally, Samalin Investment Counsel LLC raised its holdings in shares of Cohen & Steers Total Return Realty Fund by 13.4% during the fourth quarter. Samalin Investment Counsel LLC now owns 80,643 shares of the real estate investment trust’s stock valued at $934,000 after acquiring an additional 9,516 shares during the period. 20.42% of the stock is owned by institutional investors and hedge funds.

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.