Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) Short Interest Update

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 17,700 shares, an increase of 27.3% from the September 30th total of 13,900 shares. Based on an average trading volume of 31,500 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Flaherty & Crumrine Total Return Fund

Large investors have recently modified their holdings of the business. Matisse Capital boosted its position in Flaherty & Crumrine Total Return Fund by 87.7% during the 1st quarter. Matisse Capital now owns 77,505 shares of the company’s stock valued at $1,198,000 after acquiring an additional 36,219 shares in the last quarter. ORG Partners LLC bought a new stake in shares of Flaherty & Crumrine Total Return Fund during the first quarter valued at approximately $37,000. Pathway Financial Advisers LLC purchased a new stake in Flaherty & Crumrine Total Return Fund in the first quarter worth $415,000. Northwestern Mutual Wealth Management Co. raised its holdings in Flaherty & Crumrine Total Return Fund by 11.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,636 shares of the company’s stock worth $165,000 after purchasing an additional 1,100 shares in the last quarter. Finally, MRA Advisory Group purchased a new position in Flaherty & Crumrine Total Return Fund during the third quarter valued at $177,000.

Flaherty & Crumrine Total Return Fund Trading Up 0.8 %

Shares of Flaherty & Crumrine Total Return Fund stock traded up $0.13 on Wednesday, reaching $16.89. The stock had a trading volume of 2,037 shares, compared to its average volume of 31,548. The business’s 50 day moving average is $17.05 and its two-hundred day moving average is $16.00. Flaherty & Crumrine Total Return Fund has a 1 year low of $12.89 and a 1 year high of $17.48.

Flaherty & Crumrine Total Return Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be given a $0.0937 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.12 annualized dividend and a yield of 6.66%. This is an increase from Flaherty & Crumrine Total Return Fund’s previous monthly dividend of $0.09.

Flaherty & Crumrine Total Return Fund Company Profile

Flaherty & Crumrine Total Return Fund Inc is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in stocks of companies operating across utilities and banking sectors.