Pender Growth Fund Inc. (CVE:PTF) Insider PenderFund Capital Management Ltd. Acquires 20,600 Shares

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

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

• On Wednesday, June 18th, PenderFund Capital Management Ltd. acquired 11,600 shares of Pender Growth Fund stock. The shares were purchased at an average price of C$10.94 per share, for a total transaction of C$126,934.16.

Pender Growth Fund Trading Up 12.4%

Shares of PTF traded up C$1.46 during midday trading on Tuesday, reaching C$13.21. 16,268 shares of the stock were exchanged, compared to its average volume of 3,057. The company has a market capitalization of C$95.78 million, a P/E ratio of 2.13 and a beta of 0.56. Pender Growth Fund Inc. has a 52 week low of C$9.29 and a 52 week high of C$13.21. The company's 50 day moving average is C$10.29 and its two-hundred day moving average is C$10.40.

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.

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