VinaCapital Vietnam Opp Fund (LON:VOF) Trading Up 1% - Here's Why

VinaCapital Vietnam Opp Fund (LON:VOF - Get Free Report)'s stock price shot up 1% on Monday . The company traded as high as GBX 422.50 ($5.73) and last traded at GBX 422 ($5.72). 191,235 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 351,367 shares. The stock had previously closed at GBX 418 ($5.66).

VinaCapital Vietnam Opp Fund Trading Up 0.1%

The company has a market capitalization of £750.95 million, a P/E ratio of 11.29 and a beta of 0.47. The company's 50 day moving average is GBX 403.67 and its 200-day moving average is GBX 435.

VinaCapital Vietnam Opp Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, May 13th. Shareholders of record on Thursday, April 3rd were paid a dividend of $0.07 per share. This represents a dividend yield of 1.3%. The ex-dividend date was Thursday, April 3rd. VinaCapital Vietnam Opp Fund's dividend payout ratio is 29.33%.

Insider Activity

In related news, insider Julian Healy purchased 5,000 shares of VinaCapital Vietnam Opp Fund stock in a transaction dated Monday, April 7th. The stock was purchased at an average cost of GBX 367 ($4.97) per share, for a total transaction of £18,350 ($24,867.87). Company insiders own 0.06% of the company's stock.

About VinaCapital Vietnam Opp Fund

VinaCapital Vietnam Opportunity Fund Ltd (“the Company” or “VOF”) is a closed-end fund trading on the London Stock Exchange's Main Market. Launched in 2003, VOF provides investors with access to the Vietnamese market across a range of industry sectors and asset classes, including but not limited to listed and unlisted equity*, private equity, operating assets and real estate projects.