Shares of Special Opportunities Fund, Inc. (NYSE:SPE - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $14.90 and traded as low as $14.33. Special Opportunities Fund shares last traded at $14.46, with a volume of 50,516 shares.
Special Opportunities Fund Trading Down 0.2 %
The stock has a fifty day moving average of $14.71 and a two-hundred day moving average of $14.90.
Special Opportunities Fund Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 23rd will be issued a dividend of $0.1098 per share. This represents a yield of 9.35%. The ex-dividend date of this dividend is Tuesday, April 22nd.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Aspiriant LLC purchased a new position in Special Opportunities Fund during the 4th quarter valued at about $194,000. Absolute Investment Advisers LLC acquired a new position in Special Opportunities Fund during the fourth quarter worth about $154,000. Truist Financial Corp acquired a new position in Special Opportunities Fund during the fourth quarter worth about $328,000. Global Retirement Partners LLC acquired a new position in Special Opportunities Fund during the fourth quarter worth about $45,000. Finally, Oppenheimer & Co. Inc. acquired a new position in Special Opportunities Fund during the fourth quarter worth about $333,000. Hedge funds and other institutional investors own 35.60% of the company's stock.
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.
Further Reading
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