Total Return Securities, Inc. (NYSE:SWZ) Short Interest Update

Total Return Securities, Inc. (NYSE:SWZ) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 16,789 shares, a decrease of 54.8% from the May 31st total of 37,108 shares. Based on an average daily trading volume, of 91,410 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Total Return Securities Stock Up 0.1%

Shares of SWZ stock opened at $5.91 on Monday. The stock has a 50-day moving average of $5.98 and a 200-day moving average of $6.05. Total Return Securities has a one year low of $5.84 and a one year high of $6.43.

Insider Transactions at Total Return Securities

In related news, CEO Andrew Dakos bought 7,718 shares of Total Return Securities stock in a transaction on Thursday, April 16th. The shares were purchased at an average price of $6.06 per share, for a total transaction of $46,771.08. Following the completion of the acquisition, the chief executive officer owned 103,000 shares in the company, valued at approximately $624,180. This represents a 8.10% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders bought a total of 41,385 shares of company stock worth $248,032 in the last quarter. 0.03% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Sit Investment Associates Inc. increased its stake in Total Return Securities by 33,845.7% in the fourth quarter. Sit Investment Associates Inc. now owns 101,837 shares of the closed-end fund’s stock valued at $633,000 after purchasing an additional 101,537 shares in the last quarter. Alpine Global Management LLC bought a new position in shares of Total Return Securities during the third quarter worth $532,000. Almitas Capital LLC bought a new position in shares of Total Return Securities during the fourth quarter worth $229,000. Bank of America Corp DE grew its holdings in shares of Total Return Securities by 375.2% in the 4th quarter. Bank of America Corp DE now owns 13,672 shares of the closed-end fund’s stock valued at $102,000 after buying an additional 10,795 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in shares of Total Return Securities by 58.3% in the 3rd quarter. Raymond James Financial Inc. now owns 13,850 shares of the closed-end fund’s stock valued at $84,000 after buying an additional 5,100 shares during the period. Institutional investors and hedge funds own 41.12% of the company’s stock.

Total Return Securities Company Profile

Total Return Securities (NYSE:SWZ) is a closed-end management investment company listed on the New York Stock Exchange. The fund seeks to deliver a high total return for shareholders by combining capital appreciation with current income. It provides access to a diversified portfolio of equity and fixed-income securities spanning multiple industries and regions.

SWZ’s investment strategy typically blends dividend-paying common stocks, corporate bonds and other credit instruments. The fund may employ moderate leverage to enhance returns and pursues an active management approach, dynamically adjusting its allocations in response to evolving market conditions.