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Pender Growth Fund Inc. (CVE:PTF) Insider PenderFund Capital Management Ltd. Purchases 11,600 Shares

Pender Growth Fund logo with Financial Services background

Pender Growth Fund Inc. (CVE:PTF - Get Free Report) insider PenderFund Capital Management Ltd. acquired 11,600 shares of the company's stock in a transaction that occurred on Wednesday, June 18th. 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 Trading Up 1.1%

Pender Growth Fund stock traded up C$0.12 during midday trading on Thursday, reaching C$11.00. 8,269 shares of the stock traded hands, compared to its average volume of 2,718. Pender Growth Fund Inc. has a fifty-two week low of C$9.29 and a fifty-two week high of C$11.38. The firm has a market cap of C$79.75 million, a price-to-earnings ratio of 1.78 and a beta of 0.56. The firm has a fifty day moving average price of C$10.21 and a two-hundred day moving average price of C$10.40.

Pender Growth Fund Company Profile

(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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