Royce Value Trust Inc. (NYSE:RVT) Sees Significant Decrease in Short Interest

Royce Value Trust Inc. (NYSE:RVT - Get Free Report) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 230,200 shares, a decline of 13.8% from the December 31st total of 267,000 shares. Based on an average daily trading volume, of 278,600 shares, the short-interest ratio is currently 0.8 days.

Royce Value Trust Stock Performance

Shares of RVT stock traded up $0.00 on Wednesday, hitting $16.23. The stock had a trading volume of 325,096 shares, compared to its average volume of 262,782. The business has a 50 day moving average of $16.14 and a 200 day moving average of $15.73. Royce Value Trust has a 12-month low of $13.78 and a 12-month high of $16.93.

Royce Value Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Thursday, December 12th were paid a $0.44 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $1.76 dividend on an annualized basis and a yield of 10.84%.

Institutional Investors Weigh In On Royce Value Trust

Large investors have recently made changes to their positions in the business. International Assets Investment Management LLC lifted its position in shares of Royce Value Trust by 1,603.2% during the 3rd quarter. International Assets Investment Management LLC now owns 370,774 shares of the financial services provider's stock valued at $5,821,000 after buying an additional 349,005 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Royce Value Trust in the 2nd quarter valued at about $2,973,000. Benjamin Edwards Inc. purchased a new stake in Royce Value Trust during the third quarter valued at about $1,505,000. Raymond James & Associates boosted its position in Royce Value Trust by 5.5% during the third quarter. Raymond James & Associates now owns 1,502,749 shares of the financial services provider's stock worth $23,593,000 after purchasing an additional 78,601 shares during the period. Finally, Polar Asset Management Partners Inc. purchased a new position in shares of Royce Value Trust in the third quarter worth about $1,181,000. 25.57% of the stock is owned by hedge funds and other institutional investors.

Royce Value Trust Company Profile

Royce Value Trust Inc is a close ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small cap and micro cap companies.