Short Interest in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Expands By 141.8%

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFIGet Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 13,236 shares, a growth of 141.8% from the April 15th total of 5,475 shares. Based on an average trading volume of 83,236 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Cohen & Steers Total Return Realty Fund Stock Down 2.0%

Cohen & Steers Total Return Realty Fund stock traded down $0.23 during midday trading on Friday, hitting $11.13. 172,292 shares of the stock were exchanged, compared to its average volume of 81,673. The company has a fifty day simple moving average of $11.39 and a two-hundred day simple moving average of $11.35. Cohen & Steers Total Return Realty Fund has a 52 week low of $10.78 and a 52 week high of $12.18.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a c) annualized dividend and a yield of 8.6%.

Institutional Trading of Cohen & Steers Total Return Realty Fund

Several hedge funds have recently bought and sold shares of RFI. Royal Bank of Canada raised its holdings in Cohen & Steers Total Return Realty Fund by 5.8% during the 1st quarter. Royal Bank of Canada now owns 167,148 shares of the real estate investment trust’s stock worth $2,021,000 after buying an additional 9,093 shares during the period. Bank of America Corp DE raised its holdings in Cohen & Steers Total Return Realty Fund by 5.7% during the 2nd quarter. Bank of America Corp DE now owns 54,093 shares of the real estate investment trust’s stock worth $652,000 after buying an additional 2,899 shares during the period. Eastern Bank acquired a new stake in Cohen & Steers Total Return Realty Fund during the 3rd quarter worth approximately $46,000. Samalin Investment Counsel LLC raised its holdings in Cohen & Steers Total Return Realty Fund by 1.9% during the 3rd quarter. Samalin Investment Counsel LLC now owns 79,714 shares of the real estate investment trust’s stock worth $965,000 after buying an additional 1,473 shares during the period. Finally, NWF Advisory Services Inc. raised its holdings in Cohen & Steers Total Return Realty Fund by 5.6% during the 3rd quarter. NWF Advisory Services Inc. now owns 32,275 shares of the real estate investment trust’s stock worth $391,000 after buying an additional 1,700 shares during the period. 20.42% of the stock is currently owned by institutional investors and hedge funds.

About Cohen & Steers Total Return Realty Fund

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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.

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