Special Opportunities Fund, Inc. (NYSE:SPE - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $15.53 and traded as high as $15.99. Special Opportunities Fund shares last traded at $15.84, with a volume of 44,718 shares changing hands.
Special Opportunities Fund Stock Up 0.4%
The company has a fifty day simple moving average of $15.54 and a two-hundred day simple moving average of $15.13.
Special Opportunities Fund Dividend Announcement
The firm also recently announced a monthly dividend, which was paid on Friday, August 29th. Investors of record on Tuesday, August 19th were given a dividend of $0.1098 per share. The ex-dividend date was Tuesday, August 19th. This represents a c) annualized dividend and a yield of 8.4%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Envestnet Asset Management Inc. purchased a new stake in Special Opportunities Fund in the first quarter valued at approximately $363,000. Jefferies Financial Group Inc. acquired a new position in shares of Special Opportunities Fund in the 4th quarter valued at $439,000. Advisors Asset Management Inc. purchased a new stake in shares of Special Opportunities Fund during the 1st quarter valued at $1,681,000. Oppenheimer & Co. Inc. increased its holdings in shares of Special Opportunities Fund by 8.8% during the 1st quarter. Oppenheimer & Co. Inc. now owns 24,766 shares of the closed-end fund's stock worth $372,000 after buying an additional 2,000 shares during the last quarter. Finally, Cetera Investment Advisers purchased a new position in shares of Special Opportunities Fund in the 1st quarter worth $293,000. Institutional investors and hedge funds own 35.60% of the company's stock.
About Special Opportunities Fund
(
Get Free Report)
Special Opportunities Fund, Inc is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC. It invests in close-ended funds investing in public equity and fixed income markets. The fund employs a combination of value, opportunistic and special situations strategies to make its investments.
Further Reading
Before you consider Special Opportunities Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Special Opportunities Fund wasn't on the list.
While Special Opportunities Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
