Free Trial

Special Opportunities Fund (NYSE:SPE) Shares Cross Below 200-Day Moving Average - What's Next?

Special Opportunities Fund logo with Finance background

Shares of Special Opportunities Fund, Inc. (NYSE:SPE - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $14.90 and traded as low as $14.33. Special Opportunities Fund shares last traded at $14.46, with a volume of 50,516 shares trading hands.

Special Opportunities Fund Trading Up 1.0 %

The firm's 50 day moving average is $14.65 and its two-hundred day moving average is $14.91.

Special Opportunities Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd were given a dividend of $0.1098 per share. This represents a dividend yield of 9.35%. The ex-dividend date of this dividend was Tuesday, April 22nd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Aspiriant LLC purchased a new position in shares of Special Opportunities Fund in the 4th quarter valued at about $194,000. Absolute Investment Advisers LLC acquired a new stake in Special Opportunities Fund in the fourth quarter valued at approximately $154,000. Truist Financial Corp purchased a new position in Special Opportunities Fund in the fourth quarter worth approximately $328,000. Global Retirement Partners LLC acquired a new position in Special Opportunities Fund during the 4th quarter worth approximately $45,000. Finally, Oppenheimer & Co. Inc. purchased a new stake in shares of Special Opportunities Fund in the 4th quarter valued at approximately $333,000. 35.60% of the stock is currently owned by hedge funds and other institutional investors.

Special Opportunities Fund Company Profile

(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.

Featured Stories

Should You Invest $1,000 in Special Opportunities Fund Right Now?

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

10 Stocks Set to Soar in Spring 2025 Cover

Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 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.

Featured Articles and Offers

Recent Videos

ACT FAST! Congress Is POURING Into This Stock
The Hottest AI Stock You Haven’t Bought Yet
This $13 Trillion Energy Breakthrough Will Make Millionaires

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines