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

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

Virtus Total Return Fund Trading Down 1.1%

Shares of NYSE:ZTR opened at $6.60 on Tuesday. The stock has a fifty day simple moving average of $6.74 and a two-hundred day simple moving average of $6.61. Virtus Total Return Fund has a 12-month low of $5.97 and a 12-month high of $7.11.

Virtus Total Return Fund Dividend Announcement

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Readystate Asset Management LP raised its stake in Virtus Total Return Fund by 8.0% during the fourth quarter. Readystate Asset Management LP now owns 28,873 shares of the investment management company’s stock valued at $182,000 after buying an additional 2,136 shares during the last quarter. MML Investors Services LLC raised its stake in 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 buying an additional 2,201 shares during the last quarter. Yakira Capital Management Inc. raised its stake in 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 valued at $4,404,000 after buying an additional 3,530 shares during the last quarter. Integrated Capital Management Inc. raised its stake in Virtus Total Return Fund by 9.3% during the fourth 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. Finally, Royal Bank of Canada raised its stake in shares of Virtus Total Return Fund by 7.0% in the first quarter. Royal Bank of Canada now owns 59,951 shares of the investment management company’s stock worth $397,000 after purchasing an additional 3,920 shares during the last quarter. Hedge funds and other institutional investors own 47.14% of the company’s stock.

About Virtus Total Return Fund

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).