Shares of Special Opportunities Fund, Inc. (
NYSE:SPE -
Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $15.56 and traded as high as $15.63. Special Opportunities Fund shares last traded at $15.58, with a volume of 15,490 shares.
Special Opportunities Fund Trading Down 0.1%
The stock has a fifty day moving average of $15.56 and a two-hundred day moving average of $15.18.
Special Opportunities Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th will be issued a $0.1098 dividend. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a c) annualized dividend and a yield of 8.5%.
Institutional Trading of Special Opportunities Fund
Several large investors have recently bought and sold shares of the company. Shaker Financial Services LLC grew its holdings in Special Opportunities Fund by 246.0% in the second quarter. Shaker Financial Services LLC now owns 266,728 shares of the closed-end fund's stock valued at $4,132,000 after purchasing an additional 189,630 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in Special Opportunities Fund by 2.0% in the second quarter. Advisors Asset Management Inc. now owns 114,199 shares of the closed-end fund's stock valued at $1,769,000 after purchasing an additional 2,294 shares during the last quarter. Scotia Capital Inc. grew its holdings in Special Opportunities Fund by 6.6% in the second quarter. Scotia Capital Inc. now owns 105,746 shares of the closed-end fund's stock valued at $1,638,000 after purchasing an additional 6,531 shares during the last quarter. First Manhattan CO. LLC. grew its holdings in Special Opportunities Fund by 3.3% in the first quarter. First Manhattan CO. LLC. now owns 31,510 shares of the closed-end fund's stock valued at $473,000 after purchasing an additional 1,010 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Special Opportunities Fund by 7.2% in the second quarter. Raymond James Financial Inc. now owns 31,197 shares of the closed-end fund's stock valued at $483,000 after purchasing an additional 2,082 shares during the last quarter. 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.
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