Virtus Total Return Fund Inc. (NYSE:ZTR) Short Interest Update

Virtus Total Return Fund Inc. (NYSE:ZTR) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 33,147 shares, a drop of 78.4% from the December 15th total of 153,408 shares. Based on an average daily volume of 217,946 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 217,946 shares, the days-to-cover ratio is presently 0.2 days.

Virtus Total Return Fund Trading Down 0.1%

ZTR stock traded down $0.01 during midday trading on Thursday, reaching $6.30. 399,890 shares of the company’s stock traded hands, compared to its average volume of 198,889. Virtus Total Return Fund has a 52 week low of $5.22 and a 52 week high of $6.66. The company has a 50-day moving average price of $6.37 and a two-hundred day moving average price of $6.34.

Virtus Total Return Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, February 26th. Investors of record on Thursday, February 12th will be given a $0.05 dividend. The ex-dividend date is Thursday, February 12th. This represents a c) annualized dividend and a yield of 9.5%.

Institutional Trading of Virtus Total Return Fund

Several hedge funds have recently added to or reduced their stakes in the business. Gridiron Partners LLC lifted its stake in shares of Virtus Total Return Fund by 7,620.7% in the 3rd quarter. Gridiron Partners LLC now owns 1,442,455 shares of the investment management company’s stock valued at $9,304,000 after purchasing an additional 1,423,772 shares during the period. North Ground Capital boosted its position in Virtus Total Return Fund by 121.5% in the third quarter. North Ground Capital now owns 1,197,000 shares of the investment management company’s stock worth $7,721,000 after purchasing an additional 656,500 shares during the last quarter. Alpine Global Management LLC bought a new stake in shares of Virtus Total Return Fund during the 3rd quarter valued at about $4,064,000. Wolverine Asset Management LLC grew its position in Virtus Total Return Fund by 47.3% during the second quarter. Wolverine Asset Management LLC now owns 462,962 shares of the investment management company’s stock valued at $2,884,000 after buying an additional 148,688 shares during the period. Finally, Ashton Thomas Securities LLC purchased a new stake in Virtus Total Return Fund during the second quarter valued at approximately $651,000. 47.14% of the stock is owned by institutional investors.

Virtus Total Return Fund Company Profile

Virtus Total Return Fund, Inc (NYSE: ZTR) is a closed-end management investment company that seeks to provide investors with high total return with moderate income. The fund, which began operations in 2005, trades on the New York Stock Exchange and is sponsored by Virtus Investment Partners. ZTR offers investors access to a diversified mix of fixed-income and equity opportunities within a single vehicle.

To pursue its stated objective, the fund typically allocates across a broad range of asset classes, including corporate debt securities, high-yield bonds, convertible securities, preferred stocks, common stocks and real estate investment trusts (REITs).