Virtus Total Return Fund Inc. (NYSE:ZTR) Short Interest Down 40.6% in May

Virtus Total Return Fund Inc. (NYSE:ZTR) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 13,565 shares, a decrease of 40.6% from the April 30th total of 22,822 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 106,837 shares, the days-to-cover ratio is presently 0.1 days.

Virtus Total Return Fund Trading Down 1.1%

Virtus Total Return Fund stock opened at $6.60 on Tuesday. Virtus Total Return Fund has a one year low of $5.97 and a one year high of $7.11. The stock has a fifty day moving average of $6.74 and a 200 day moving average of $6.61.

Virtus Total Return Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, May 28th. Investors of record on Monday, May 11th were given a dividend of $0.05 per share. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date was Monday, May 11th.

Institutional Trading of Virtus Total Return Fund

A number of hedge funds have recently bought and sold shares of ZTR. CWM LLC increased its position in Virtus Total Return Fund by 854.9% during the fourth quarter. CWM LLC now owns 7,582 shares of the investment management company’s stock valued at $48,000 after acquiring an additional 6,788 shares during the last quarter. HRT Financial LP purchased a new stake in Virtus Total Return Fund in the fourth quarter worth about $63,000. Bayban purchased a new stake in Virtus Total Return Fund in the fourth quarter worth about $65,000. Closed End Fund Advisors Inc. purchased a new stake in Virtus Total Return Fund in the fourth quarter worth about $66,000. Finally, MML Investors Services LLC increased its position in Virtus Total Return Fund by 9.5% in the fourth quarter. MML Investors Services LLC now owns 25,323 shares of the investment management company’s stock worth $160,000 after buying an additional 2,201 shares in the last quarter. Hedge funds and other institutional investors own 47.14% of the company’s stock.

Virtus Total Return Fund Company Profile

Virtus Total Return Fund, Inc (NYSE: ZTR) is a closed-end management investment company that seeks to provide investors with high total return with moderate income. The fund, which began operations in 2005, trades on the New York Stock Exchange and is sponsored by Virtus Investment Partners. ZTR offers investors access to a diversified mix of fixed-income and equity opportunities within a single vehicle.

To pursue its stated objective, the fund typically allocates across a broad range of asset classes, including corporate debt securities, high-yield bonds, convertible securities, preferred stocks, common stocks and real estate investment trusts (REITs).