Virtus Total Return Fund Inc. (NYSE:ZTR) Short Interest Up 153.8% in January

Virtus Total Return Fund Inc. (NYSE:ZTR) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 84,116 shares, a growth of 153.8% from the December 31st total of 33,147 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 198,932 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 198,932 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On Virtus Total Return Fund

Institutional investors have recently bought and sold shares of the business. Concurrent Investment Advisors LLC boosted its position in Virtus Total Return Fund by 18.6% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 12,092 shares of the investment management company’s stock worth $75,000 after purchasing an additional 1,900 shares during the period. Yakira Capital Management Inc. lifted its position in shares of Virtus Total Return Fund by 0.5% during the third quarter. Yakira Capital Management Inc. now owns 682,714 shares of the investment management company’s stock worth $4,404,000 after purchasing an additional 3,530 shares in the last quarter. Integrated Capital Management Inc. boosted its position in Virtus Total Return Fund by 9.3% in the 4th quarter. Integrated Capital Management Inc. now owns 43,477 shares of the investment management company’s stock valued at $274,000 after buying an additional 3,684 shares during the last quarter. Ashton Thomas Securities LLC increased its position in shares of Virtus Total Return Fund by 4.8% during the third quarter. Ashton Thomas Securities LLC now owns 109,500 shares of the investment management company’s stock worth $674,000 after acquiring an additional 5,000 shares during the last quarter. Finally, CWM LLC lifted its stake in shares of Virtus Total Return Fund by 854.9% in the fourth quarter. CWM LLC now owns 7,582 shares of the investment management company’s stock worth $48,000 after acquiring an additional 6,788 shares in the last quarter. 47.14% of the stock is currently owned by hedge funds and other institutional investors.

Virtus Total Return Fund Price Performance

Shares of NYSE:ZTR traded down $0.05 during midday trading on Friday, reaching $6.46. The company’s stock had a trading volume of 381,571 shares, compared to its average volume of 195,499. The business has a 50 day moving average price of $6.35 and a 200 day moving average price of $6.36. Virtus Total Return Fund has a 1 year low of $5.22 and a 1 year high of $6.66.

Virtus Total Return Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, February 26th. Investors of record on Thursday, February 12th will be given a dividend of $0.05 per share. This represents a c) dividend on an annualized basis and a yield of 9.3%. The ex-dividend date of this dividend is Thursday, February 12th.

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).