Flaherty & Crumrine Total Return Fund's short interest increased 49.2% to 47,000 shares in May, while its dividend was raised to 6.97% yield.
Flaherty & Crumrine Total Return Fund Inc.'s (FLC) short interest rose 49.2% in May to 47,000 shares, while its dividend was increased to $0.0897, offering a 6.97% yield. The fund, managed by Flaherty & Crumrine Incorporated, invests in US equity and fixed income markets, primarily focusing on utilities and banking sectors. Several institutional investors have adjusted their stakes in the company.
June 16, 2024
3 Articles