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

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 3,154 shares, a decrease of 61.2% from the May 14th total of 8,131 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 147,489 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of RFI. Osaic Holdings Inc. boosted its holdings in Cohen & Steers Total Return Realty Fund by 61.8% in the fourth quarter. Osaic Holdings Inc. now owns 742,553 shares of the real estate investment trust’s stock valued at $8,205,000 after purchasing an additional 283,695 shares during the last quarter. Independent Financial Group LLC purchased a new position in Cohen & Steers Total Return Realty Fund in the first quarter valued at about $2,779,000. Readystate Asset Management LP purchased a new position in Cohen & Steers Total Return Realty Fund in the fourth quarter valued at about $1,694,000. Wolverine Asset Management LLC purchased a new position in Cohen & Steers Total Return Realty Fund in the fourth quarter valued at about $1,001,000. Finally, Patten & Patten Inc. TN purchased a new position in Cohen & Steers Total Return Realty Fund in the fourth quarter valued at about $490,000. Hedge funds and other institutional investors own 20.42% of the company’s stock.

Cohen & Steers Total Return Realty Fund Trading Up 0.1%

RFI traded up $0.01 on Friday, reaching $11.31. The company’s stock had a trading volume of 100,207 shares, compared to its average volume of 129,496. Cohen & Steers Total Return Realty Fund has a 1 year low of $10.78 and a 1 year high of $12.18. The business’s 50 day moving average is $11.40 and its 200 day moving average is $11.33.

Cohen & Steers Total Return Realty Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a c) dividend on an annualized basis and a yield of 8.5%.

Cohen & Steers Total Return Realty Fund Company Profile

Cohen & Steers Total Return Realty Fund, Inc (NYSE:RFI) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation by investing primarily in real estate securities. Managed by Cohen & Steers Capital Management, Inc, the fund employs a research‐driven, flexible strategy designed to capture income and growth opportunities within the global real estate sector.

The fund’s portfolio typically includes a diversified mix of real estate investment trusts (REITs), real estate operating companies, preferred and convertible securities, and other real estate-related fixed-income instruments.