PenderFund Capital Management Ltd. Purchases 10,200 Shares of Pender Growth Fund Inc. (CVE:PTF) Stock

Pender Growth Fund Inc. (CVE:PTF - Get Free Report) insider PenderFund Capital Management Ltd. acquired 10,200 shares of Pender Growth Fund stock in a transaction that occurred on Wednesday, June 25th. The shares were purchased at an average price of C$13.19 per share, with a total value of C$134,500.26.

PenderFund Capital Management Ltd. also recently made the following trade(s):

• On Tuesday, June 24th, PenderFund Capital Management Ltd. bought 20,600 shares of Pender Growth Fund stock. The shares were acquired at an average price of C$12.68 per share, with a total value of C$261,208.00.
• On Wednesday, June 18th, PenderFund Capital Management Ltd. bought 11,600 shares of Pender Growth Fund stock. The shares were acquired at an average cost of C$10.94 per share, with a total value of C$126,934.16.

Pender Growth Fund Stock Performance

Shares of Pender Growth Fund stock traded up C$0.71 on Friday, hitting C$14.59. 350 shares of the company's stock were exchanged, compared to its average volume of 3,034. The stock has a market capitalization of C$105.78 million, a PE ratio of 2.35 and a beta of 0.56. Pender Growth Fund Inc. has a 1 year low of C$9.29 and a 1 year high of C$14.59. The company has a 50-day simple moving average of C$10.60 and a 200-day simple moving average of C$10.48.

Pender Growth Fund Company Profile

Pender Growth Fund Inc specializes in later stage, special situations, and restructuring investments. The fund also provides expansion capital and invests in small caps and Eligible Small Businesses ("ESBs"). It seeks to invest in illiquid public and private companies in information technology, communications, life sciences, and proprietary technologies sectors and undervalued technology companies.