Short Interest in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Drops By 69.7%

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) saw a large decline in short interest in January. As of January 15th, there was short interest totalling 13,000 shares, a decline of 69.7% from the December 31st total of 42,900 shares. Based on an average daily trading volume, of 85,500 shares, the days-to-cover ratio is currently 0.2 days.

Cohen & Steers Total Return Realty Fund Stock Down 0.6 %

Shares of RFI traded down $0.07 during midday trading on Tuesday, reaching $11.87. The stock had a trading volume of 62,433 shares, compared to its average volume of 82,525. Cohen & Steers Total Return Realty Fund has a 52 week low of $10.67 and a 52 week high of $13.44. The firm’s 50 day moving average price is $12.11 and its 200-day moving average price is $12.50.

Cohen & Steers Total Return Realty Fund Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be given a dividend of $0.08 per share. This represents a dividend yield of 8.3%. The ex-dividend date of this dividend is Tuesday, January 14th.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Richardson Financial Services Inc. raised its position in Cohen & Steers Total Return Realty Fund by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 2,000 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 1,000 shares during the period. Freestate Advisors LLC purchased a new stake in shares of Cohen & Steers Total Return Realty Fund in the fourth quarter worth approximately $149,000. International Assets Investment Management LLC purchased a new position in Cohen & Steers Total Return Realty Fund during the third quarter valued at approximately $171,000. Consolidated Portfolio Review Corp increased its stake in Cohen & Steers Total Return Realty Fund by 10.0% in the 4th quarter. Consolidated Portfolio Review Corp now owns 34,020 shares of the real estate investment trust’s stock valued at $394,000 after buying an additional 3,092 shares during the period. Finally, WealthBridge Capital Management LLC lifted its position in Cohen & Steers Total Return Realty Fund by 16.0% in the 3rd 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. Institutional investors and hedge funds own 20.42% of the company’s stock.

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.