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

Total Return Securities, Inc. (NYSE:SWZ) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 4,126 shares, a decline of 57.2% from the April 15th total of 9,646 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 70,298 shares, the days-to-cover ratio is presently 0.1 days.

Insider Transactions at Total Return Securities

In other Total Return Securities news, insider Phillip Goldstein acquired 10,000 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were bought at an average cost of $5.98 per share, with a total value of $59,800.00. Following the purchase, the insider directly owned 113,234 shares of the company’s stock, valued at $677,139.32. This trade represents a 9.69% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Andrew Dakos acquired 12,500 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was acquired at an average cost of $5.97 per share, for a total transaction of $74,625.00. Following the completion of the purchase, the chief executive officer directly owned 62,095 shares in the company, valued at $370,707.15. This trade represents a 25.20% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 84,754 shares of company stock worth $510,129 over the last three months. 0.03% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in SWZ. Matisse Capital acquired a new position in shares of Total Return Securities in the 3rd quarter valued at about $3,691,000. North Ground Capital lifted its stake in shares of Total Return Securities by 241.6% in the 4th quarter. North Ground Capital now owns 661,145 shares of the closed-end fund’s stock valued at $4,112,000 after purchasing an additional 467,622 shares during the period. Alpine Global Management LLC lifted its stake in shares of Total Return Securities by 372.2% in the 4th quarter. Alpine Global Management LLC now owns 413,169 shares of the closed-end fund’s stock valued at $2,570,000 after purchasing an additional 325,669 shares during the period. Saba Capital Management L.P. lifted its stake in shares of Total Return Securities by 100.0% in the 4th quarter. Saba Capital Management L.P. now owns 605,224 shares of the closed-end fund’s stock valued at $3,764,000 after purchasing an additional 302,612 shares during the period. Finally, Evolve Private Wealth LLC acquired a new position in shares of Total Return Securities in the 4th quarter valued at about $1,355,000. 41.12% of the stock is owned by institutional investors and hedge funds.

Total Return Securities Stock Down 0.7%

Shares of NYSE:SWZ traded down $0.04 during midday trading on Friday, reaching $5.95. The company’s stock had a trading volume of 87,937 shares, compared to its average volume of 71,782. The firm has a 50 day moving average price of $6.01 and a two-hundred day moving average price of $6.07. Total Return Securities has a fifty-two week low of $5.84 and a fifty-two week high of $6.43.

About Total Return Securities

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.