Shares of CATCo Reinsurance Opportunities Fund Ltd (LON:CAT) traded down 30.1% during mid-day trading on Friday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 0.21 ($0.00), 910,774 shares were traded during trading. An increase of 64% from the average session volume of 556,960 shares. The stock had previously closed at GBX 0.30 ($0.00).
The company’s 50 day moving average price is GBX 0.19 and its 200-day moving average price is GBX 0.49.
The firm also recently announced a dividend, which was paid on Friday, November 1st. Shareholders of record on Thursday, October 17th were issued a dividend of $0.01 per share. The ex-dividend date was Thursday, October 17th. This represents a yield of 7.06%.
CATCo Reinsurance Opportunities Fund Ltd. is a feeder fund launched and managed by CATCo Investment Management Ltd. The fund invests its entire corpus in the CATCo Diversified Fund. CATCo Reinsurance Opportunities Fund Ltd. was formed on November 20, 2010 and is domiciled in Bermuda.
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