Rivernorth Opportunities Fund Inc (NYSE:RIV)’s share price traded up 7.8% on Wednesday . The company traded as high as $10.55 and last traded at $11.29, 5,889 shares changed hands during trading. A decline of 94% from the average session volume of 97,413 shares. The stock had previously closed at $10.47.
The stock has a fifty day simple moving average of $14.98 and a two-hundred day simple moving average of $16.20.
The firm also recently declared a — dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a yield of 15.3%.
Several institutional investors and hedge funds have recently modified their holdings of the company. CSS LLC IL grew its stake in shares of Rivernorth Opportunities Fund by 296.9% in the 4th quarter. CSS LLC IL now owns 438,965 shares of the company’s stock valued at $7,164,000 after buying an additional 328,359 shares during the period. Transcend Wealth Collective LLC bought a new position in Rivernorth Opportunities Fund in the 4th quarter valued at about $2,199,000. Raymond James & Associates lifted its position in Rivernorth Opportunities Fund by 25.2% in the 4th quarter. Raymond James & Associates now owns 101,928 shares of the company’s stock valued at $1,663,000 after acquiring an additional 20,538 shares in the last quarter. Mariner Investment Group LLC bought a new position in Rivernorth Opportunities Fund in the 4th quarter valued at about $824,000. Finally, Baird Financial Group Inc. lifted its position in Rivernorth Opportunities Fund by 20.5% in the 4th quarter. Baird Financial Group Inc. now owns 48,999 shares of the company’s stock valued at $800,000 after acquiring an additional 8,345 shares in the last quarter.
Rivernorth Opportunities Fund Company Profile (NYSE:RIV)
There is no company description available for RiverNorth Opportunities.
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