Special Opportunities Fund, Inc. (NYSE:SPE - Get Free Report)'s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $14.63 and traded as high as $15.25. Special Opportunities Fund shares last traded at $15.10, with a volume of 3,902 shares changing hands.
Special Opportunities Fund Price Performance
The business has a fifty day simple moving average of $14.63 and a 200 day simple moving average of $14.96.
Special Opportunities Fund Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Friday, May 30th. Investors of record on Wednesday, May 21st were given a $0.1098 dividend. The ex-dividend date was Tuesday, May 20th. This represents a dividend yield of 8.65%.
Institutional Investors Weigh In On Special Opportunities Fund
Institutional investors and hedge funds have recently made changes to their positions in the business. Quarry LP acquired a new stake in Special Opportunities Fund during the 4th quarter worth approximately $44,000. Global Retirement Partners LLC bought a new position in Special Opportunities Fund during the fourth quarter worth $45,000. K2 Principal Fund L.P. bought a new position in Special Opportunities Fund during the fourth quarter worth $146,000. Absolute Investment Advisers LLC bought a new position in Special Opportunities Fund during the fourth quarter worth $154,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in Special Opportunities Fund by 41.7% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 15,542 shares of the closed-end fund's stock worth $227,000 after purchasing an additional 4,570 shares during the last quarter. 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.
Further Reading
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