Virtus Total Return Fund Inc. (NYSE:ZTR) Short Interest Update

Virtus Total Return Fund Inc. (NYSE:ZTR) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 21,888 shares, a growth of 61.4% from the May 14th total of 13,565 shares. Based on an average daily trading volume, of 135,655 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Virtus Total Return Fund

Large investors have recently modified their holdings of the business. CWM LLC raised its stake in shares of 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 bought a new position in shares of Virtus Total Return Fund during the fourth quarter valued at $63,000. Bayban bought a new position in shares of Virtus Total Return Fund during the fourth quarter valued at $65,000. Closed End Fund Advisors Inc. bought a new position in shares of Virtus Total Return Fund during the fourth quarter valued at $66,000. Finally, MML Investors Services LLC raised its stake in shares of Virtus Total Return Fund by 9.5% during the fourth quarter. MML Investors Services LLC now owns 25,323 shares of the investment management company’s stock valued at $160,000 after acquiring an additional 2,201 shares during the last quarter. Institutional investors own 47.14% of the company’s stock.

Virtus Total Return Fund Stock Performance

Shares of Virtus Total Return Fund stock opened at $6.75 on Wednesday. Virtus Total Return Fund has a fifty-two week low of $5.97 and a fifty-two week high of $7.11. The company’s 50 day moving average price is $6.76 and its two-hundred day moving average price is $6.63.

Virtus Total Return Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 28th. Stockholders of record on Thursday, August 13th will be paid a dividend of $0.055 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a c) annualized dividend and a dividend yield of 9.8%.

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).