Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC – Get Free Report) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totalling 65,400 shares, a decrease of 9.2% from the August 15th total of 72,000 shares. Based on an average trading volume of 27,400 shares, the short-interest ratio is currently 2.4 days.
Flaherty & Crumrine Total Return Fund Trading Up 0.5 %
Flaherty & Crumrine Total Return Fund stock traded up $0.09 during trading hours on Wednesday, hitting $17.24. The stock had a trading volume of 22,726 shares, compared to its average volume of 31,890. The company has a 50-day moving average of $16.26 and a two-hundred day moving average of $15.58. Flaherty & Crumrine Total Return Fund has a fifty-two week low of $12.62 and a fifty-two week high of $17.29.
Flaherty & Crumrine Total Return Fund Increases Dividend
The company also recently declared a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 23rd will be issued a $0.0913 dividend. This is a boost from Flaherty & Crumrine Total Return Fund’s previous monthly dividend of $0.09. The ex-dividend date of this dividend is Monday, September 23rd. This represents a $1.10 annualized dividend and a yield of 6.35%.
Hedge Funds Weigh In On Flaherty & Crumrine Total Return Fund
About Flaherty & Crumrine Total Return Fund
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.
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