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

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 21,000 shares, an increase of 250.0% from the September 30th total of 6,000 shares. Based on an average daily volume of 56,700 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Cohen & Steers Total Return Realty Fund

Several hedge funds and other institutional investors have recently bought and sold shares of RFI. Cornerstone Advisors LLC increased its position in shares of Cohen & Steers Total Return Realty Fund by 2,151.9% during the second quarter. Cornerstone Advisors LLC now owns 61,386 shares of the real estate investment trust’s stock valued at $710,000 after acquiring an additional 58,660 shares during the last quarter. Consolidated Portfolio Review Corp acquired a new stake in shares of Cohen & Steers Total Return Realty Fund during the first quarter valued at about $269,000. Stratos Wealth Advisors LLC increased its position in shares of Cohen & Steers Total Return Realty Fund by 2.4% during the third quarter. Stratos Wealth Advisors LLC now owns 71,267 shares of the real estate investment trust’s stock valued at $933,000 after acquiring an additional 1,667 shares during the last quarter. WealthBridge Capital Management LLC increased its position in shares of Cohen & Steers Total Return Realty Fund by 16.0% during the third quarter. WealthBridge Capital Management LLC now owns 55,235 shares of the real estate investment trust’s stock valued at $723,000 after acquiring an additional 7,603 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of Cohen & Steers Total Return Realty Fund during the third quarter valued at about $171,000. 20.42% of the stock is currently owned by institutional investors and hedge funds.

Cohen & Steers Total Return Realty Fund Price Performance

Cohen & Steers Total Return Realty Fund stock traded up $0.32 during midday trading on Friday, hitting $13.12. 478,077 shares of the stock were exchanged, compared to its average volume of 67,773. Cohen & Steers Total Return Realty Fund has a fifty-two week low of $9.62 and a fifty-two week high of $13.44. The stock’s 50-day simple moving average is $12.94 and its 200 day simple moving average is $12.05.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 16th will be given a dividend of $0.08 per share. This represents a yield of 7.41%. The ex-dividend date is Tuesday, October 15th.

About Cohen & Steers Total Return Realty Fund

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.