Shares of Special Opportunities Fund, Inc. (NYSE:SPE - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.88 and traded as low as $14.88. Special Opportunities Fund shares last traded at $15.05, with a volume of 37,974 shares changing hands.
Special Opportunities Fund Stock Performance
The firm has a 50 day moving average price of $15.27 and a 200-day moving average price of $14.88.
Special Opportunities Fund Dividend Announcement
The firm also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were issued a $0.1098 dividend. This represents a dividend yield of 8.76%. The ex-dividend date was Tuesday, January 21st.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the business. Quarry LP acquired a new stake in Special Opportunities Fund during the 4th quarter valued at $44,000. Global Retirement Partners LLC acquired a new stake in shares of Special Opportunities Fund during the fourth quarter valued at $45,000. K2 Principal Fund L.P. purchased a new stake in Special Opportunities Fund during the 4th quarter worth about $146,000. Absolute Investment Advisers LLC acquired a new position in Special Opportunities Fund in the 4th quarter valued at about $154,000. Finally, Aspiriant LLC acquired a new position in Special Opportunities Fund in the 4th quarter valued at about $194,000. 35.60% of the stock is owned by hedge funds and other institutional investors.
Special Opportunities Fund Company Profile
(
Get Free Report)
Special Opportunities Fund, Inc is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC. It invests in close-ended funds investing in public equity and fixed income markets. The fund employs a combination of value, opportunistic and special situations strategies to make its investments.
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