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Insider Buying: Pender Growth Fund Inc. (CVE:PTF) Insider Buys 20,600 Shares of Stock

Pender Growth Fund logo with Financial Services background

Pender Growth Fund Inc. (CVE:PTF - Get Free Report) insider PenderFund Capital Management Ltd. acquired 20,600 shares of the business's stock in a transaction on Tuesday, June 24th. The stock was acquired at an average cost of C$12.68 per share, for a total transaction of C$261,208.00.

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

  • On Wednesday, June 25th, PenderFund Capital Management Ltd. purchased 10,200 shares of Pender Growth Fund stock. The shares were bought at an average cost of C$13.19 per share, with a total value of C$134,500.26.
  • On Wednesday, June 18th, PenderFund Capital Management Ltd. acquired 11,600 shares of Pender Growth Fund stock. The stock was purchased at an average cost of C$10.94 per share, for a total transaction of C$126,934.16.

Pender Growth Fund Stock Performance

PTF traded up C$0.71 during trading on Friday, hitting C$14.59. 300 shares of the stock were exchanged, compared to its average volume of 3,033. The firm has a 50 day simple moving average of C$10.51 and a 200 day simple moving average of C$10.46. The firm has a market cap of C$105.78 million, a price-to-earnings 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.

About Pender Growth Fund

(Get Free Report)

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.

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