Shares of Hipgnosis Songs Fund Limited (OTC:HPGSF – Get Free Report) rose 2.5% during mid-day trading on Friday . The company traded as high as $1.30 and last traded at $1.30. Approximately 416 shares traded hands during trading, a decline of 98% from the average daily volume of 24,621 shares. The stock had previously closed at $1.27.
Hipgnosis Songs Fund Stock Performance
The stock’s 50-day moving average is $1.08 and its 200-day moving average is $0.94.
Hipgnosis Songs Fund Company Profile
Hipgnosis Songs Fund Limited is a closed-ended fund launched and managed by The Family (Music) Limited. The fund invests in songs and associated musical intellectual property rights, including master recordings and producer royalties. Hipgnosis Songs Fund Limited was formed in 2018 and is domiciled in Guernsey.
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