Short Interest in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Drops By 55.5%

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 18,540 shares, a decline of 55.5% from the June 30th total of 41,687 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 98,909 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Wolverine Asset Management LLC bought a new stake in Cohen & Steers Total Return Realty Fund during the fourth quarter valued at $1,001,000. Independent Financial Group LLC bought a new position in shares of Cohen & Steers Total Return Realty Fund during the 1st quarter worth approximately $2,779,000. Patten & Patten Inc. TN bought a new position in shares of Cohen & Steers Total Return Realty Fund during the 4th quarter worth approximately $490,000. Bank of America Corp DE grew its position in shares of Cohen & Steers Total Return Realty Fund by 8.9% during the 1st quarter. Bank of America Corp DE now owns 60,733 shares of the real estate investment trust’s stock worth $677,000 after buying an additional 4,972 shares during the period. Finally, CoreCap Advisors LLC grew its position in shares of Cohen & Steers Total Return Realty Fund by 450.5% during the 2nd quarter. CoreCap Advisors LLC now owns 37,792 shares of the real estate investment trust’s stock worth $428,000 after buying an additional 30,927 shares during the period. 20.42% of the stock is owned by institutional investors.

Cohen & Steers Total Return Realty Fund Stock Performance

Shares of RFI stock opened at $11.65 on Thursday. Cohen & Steers Total Return Realty Fund has a twelve month low of $10.78 and a twelve month high of $12.17. The stock’s fifty day simple moving average is $11.34 and its 200 day simple moving average is $11.40.

Cohen & Steers Total Return Realty Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be issued a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend is Tuesday, September 8th.

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.