Virtus Total Return Fund Inc. (NYSE:ZTR) Short Interest Down 46.1% in January

Virtus Total Return Fund Inc. (NYSE:ZTR) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 45,358 shares, a decline of 46.1% from the January 15th total of 84,116 shares. Based on an average daily volume of 230,223 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 230,223 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Virtus Total Return Fund

A number of institutional investors have recently made changes to their positions in ZTR. North Ground Capital grew its holdings in Virtus Total Return Fund by 121.5% in the 3rd quarter. North Ground Capital now owns 1,197,000 shares of the investment management company’s stock valued at $7,721,000 after buying an additional 656,500 shares in the last quarter. Wolverine Asset Management LLC boosted its position in shares of Virtus Total Return Fund by 47.3% in the second quarter. Wolverine Asset Management LLC now owns 462,962 shares of the investment management company’s stock valued at $2,884,000 after acquiring an additional 148,688 shares during the period. Gridiron Partners LLC grew its stake in shares of Virtus Total Return Fund by 7,620.7% in the third quarter. Gridiron Partners LLC now owns 1,442,455 shares of the investment management company’s stock valued at $9,304,000 after acquiring an additional 1,423,772 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of Virtus Total Return Fund by 18.6% in the second quarter. Concurrent Investment Advisors LLC now owns 12,092 shares of the investment management company’s stock valued at $75,000 after acquiring an additional 1,900 shares in the last quarter. Finally, Stephens Inc. AR increased its position in Virtus Total Return Fund by 28.0% during the second quarter. Stephens Inc. AR now owns 158,294 shares of the investment management company’s stock worth $986,000 after acquiring an additional 34,591 shares during the period. Institutional investors own 47.14% of the company’s stock.

Virtus Total Return Fund Price Performance

Shares of ZTR traded up $0.09 during trading hours on Friday, hitting $6.89. The company had a trading volume of 373,120 shares, compared to its average volume of 228,022. The business has a fifty day moving average of $6.38 and a 200-day moving average of $6.39. Virtus Total Return Fund has a 12 month low of $5.22 and a 12 month high of $6.89.

Virtus Total Return Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Thursday, February 12th will be issued a $0.05 dividend. This represents a c) annualized dividend and a yield of 8.7%. The ex-dividend date of this dividend is Thursday, February 12th.

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).