Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) Short Interest Update

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 18,500 shares, a growth of 34.1% from the February 13th total of 13,800 shares. Based on an average daily volume of 57,000 shares, the short-interest ratio is currently 0.3 days.

Lazard Global Total Return and Income Fund Trading Up 1.2 %

Shares of NYSE:LGI traded up $0.19 during midday trading on Monday, hitting $15.76. The company had a trading volume of 56,102 shares, compared to its average volume of 49,818. Lazard Global Total Return and Income Fund has a 12-month low of $14.84 and a 12-month high of $18.23. The company has a fifty day moving average of $16.37 and a two-hundred day moving average of $16.77.

Lazard Global Total Return and Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, March 21st. Shareholders of record on Monday, March 10th will be paid a $0.1465 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.76 dividend on an annualized basis and a yield of 11.15%.

Institutional Investors Weigh In On Lazard Global Total Return and Income Fund

A number of institutional investors have recently bought and sold shares of LGI. Quarry LP bought a new position in shares of Lazard Global Total Return and Income Fund during the 4th quarter valued at about $32,000. Wilmington Savings Fund Society FSB bought a new position in shares of Lazard Global Total Return and Income Fund in the 3rd quarter valued at about $260,000. Waverly Advisors LLC purchased a new stake in Lazard Global Total Return and Income Fund in the 4th quarter worth about $238,000. Shaker Financial Services LLC purchased a new stake in Lazard Global Total Return and Income Fund in the 4th quarter worth about $498,000. Finally, Mezzasalma Advisors LLC purchased a new stake in Lazard Global Total Return and Income Fund in the 4th quarter worth about $512,000.

Lazard Global Total Return and Income Fund Company Profile

Lazard Global Total Return and Income Fund, Inc is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion.