Macquarie Global Infrastructure Total Return Fun shares had a trading volume of 62K on Tuesday. Shares saw a steep increase in trading volume of 91.27% over the normal average daily volume.
Investors are a little more bullish on shares of the company lately if you consider the motion in short interest. The stock realized a fall in short interest of -74.09% as of October 13, 2017 from the last reporting period. Short shares fell from 73,436 to 19,030 over that period. With short interest at 19,030 and short average daily volume at 24,550, the short-interest ratio is 1.0 and the percentage of shorted shares was 0.00% on October 13.
These funds have shifted positions in (MGU). Wells Fargo & Company/mn added to its position by buying 15,922 shares an increase of 17,306.5% as of 09/30/2017. Wells Fargo & Company/mn now holds 16,014 shares valued at $421,000. The value of the position overall is up by 20,950.0%. As of the end of the quarter Stifel Financial Corp had sold 91,844 shares trimming its stake by 99.7%. The value of the investment in MGU decreased from $2,283,000 to $8,000 a change of 99.6% since the last quarter.
As of quarter end Lazard Asset Management LLC had acquired a total of 895 shares growing its position 0.4%. The value of the total investment in Macquarie Global Infrastructure Total Return Fun went from $5,174,000 to $5,469,000 a change of $295,000 quarter to quarter. As of quarter end Raymond James & Associates had bought a total of 4,069 shares growing its holdings by 14.0%. The value of the investment in Macquarie Global Infrastructure Total Return Fun went from $724,000 to $869,000 increasing 20.0% for the reporting period.
The company is trading down from yesterday’s close of 24.51. The most current P/E ratio is N/A and market capitalization is 304.97M.
Macquarie Global Infrastructure Total Return Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return consisting of dividends and other income, and capital appreciation. The Fund invests at least 80% of its total assets in equity and equity-like securities issued by United States and non-United States issuers that own or operate infrastructure assets (Infrastructure Issuers). Most of the Infrastructure Issuers in which the Fund has invested are public companies listed on national or regional stock exchanges..