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RENN Fund, Inc.(纽约证券交易所美国股票代码:RCG)的空头利率增加了2,100.0%

2023-01-28 08:46

RENN Fund, Inc. (NYSEAMERICAN:RCG – Get Rating) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 4,400 shares, a growth of 2,100.0% from the December 31st total of 200 shares. Based on an average trading volume of 7,400 shares, the short-interest ratio is currently 0.6 days.

RENN Fund Stock Performance

Shares of RENN Fund stock traded down $0.01 during trading on Friday, reaching $1.84. 7,702 shares of the stock traded hands, compared to its average volume of 7,089. RENN Fund has a 52-week low of $1.78 and a 52-week high of $2.56.

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RENN Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 30th. Shareholders of record on Friday, December 23rd were issued a dividend of $0.0035 per share. This represents a yield of 0.18%. The ex-dividend date of this dividend was Thursday, December 22nd.

Institutional Trading of RENN Fund

Large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in shares of RENN Fund by 62.8% during the 1st quarter. Bank of America Corp DE now owns 19,657 shares of the company's stock valued at $42,000 after buying an additional 7,579 shares in the last quarter. Moors & Cabot Inc. increased its stake in RENN Fund by 19.9% during the first quarter. Moors & Cabot Inc. now owns 198,705 shares of the company's stock worth $429,000 after acquiring an additional 32,920 shares during the last quarter. Finally, Horizon Kinetics Asset Management LLC increased its stake in RENN Fund by 11.4% during the second quarter. Horizon Kinetics Asset Management LLC now owns 408,999 shares of the company's stock worth $937,000 after acquiring an additional 41,850 shares during the last quarter.

About RENN Fund

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RENN Fund, Inc is a closed ended equity mutual fund launched by RENN Capital Group, Inc The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies.

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