热门资讯> 正文
2023-03-07 05:43
Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF – Get Rating) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 6,640,000 shares, a growth of 10.1% from the January 31st total of 6,030,000 shares. Based on an average daily volume of 766,100 shares, the days-to-cover ratio is currently 8.7 days.
Hedge funds and other institutional investors have recently bought and sold shares of the company. UBS Group AG bought a new position in shares of Cornerstone Total Return Fund during the first quarter worth about $47,000. Wolverine Asset Management LLC bought a new stake in shares of Cornerstone Total Return Fund in the 3rd quarter valued at $30,000. CoreCap Advisors LLC bought a new position in Cornerstone Total Return Fund during the second quarter worth $82,000. Bank of America Corp DE raised its holdings in Cornerstone Total Return Fund by 413.4% during the first quarter. Bank of America Corp DE now owns 11,608 shares of the investment management company's stock worth $161,000 after buying an additional 9,347 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in Cornerstone Total Return Fund during the fourth quarter worth $88,000.
Get Cornerstone Total Return Fund alerts:CRF stock traded up $0.02 during trading hours on Monday, hitting $7.68. 594,602 shares of the stock were exchanged, compared to its average volume of 752,856. Cornerstone Total Return Fund has a 12 month low of $7.05 and a 12 month high of $14.20.
The business also recently announced a monthly dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 15th will be given a $0.1173 dividend. The ex-dividend date of this dividend is Wednesday, June 14th. This represents a $1.41 dividend on an annualized basis and a yield of 18.33%.
(Get Rating)
Cornerstone Total Return Fund, Inc operates as a closed-end investment fund, which engages in seeking capital appreciation with current income. The company was founded on March 16, 1973 and is headquartered in Cincinnati, OH.
Receive News & Ratings for Cornerstone Total Return Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cornerstone Total Return Fund and related companies with MarketBeat.com's FREE daily email newsletter.