XAI OCTAGON FR/COM (NYSE:XFLT)’s share price traded up 1.7% during mid-day trading on Monday . The stock traded as high as $9.05 and last traded at $9.05, 1,985 shares were traded during mid-day trading. A decline of 95% from the average session volume of 39,148 shares. The stock had previously closed at $8.90.
The company’s 50-day simple moving average is $9.00 and its 200-day simple moving average is $9.06.
The firm also recently declared a monthly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Monday, September 16th were given a $0.073 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.88 annualized dividend and a yield of 9.73%.
Institutional investors have recently bought and sold shares of the business. First Trust Advisors LP grew its position in XAI OCTAGON FR/COM by 46.5% during the 2nd quarter. First Trust Advisors LP now owns 46,956 shares of the company’s stock worth $431,000 after purchasing an additional 14,896 shares in the last quarter. National Asset Management Inc. grew its position in XAI OCTAGON FR/COM by 16.5% during the 2nd quarter. National Asset Management Inc. now owns 77,973 shares of the company’s stock worth $716,000 after purchasing an additional 11,034 shares in the last quarter. US Bancorp DE grew its position in XAI OCTAGON FR/COM by 16.3% during the 1st quarter. US Bancorp DE now owns 50,000 shares of the company’s stock worth $434,000 after purchasing an additional 7,000 shares in the last quarter. Advisory Services Network LLC purchased a new position in XAI OCTAGON FR/COM during the 2nd quarter worth approximately $36,000. Finally, Wedbush Securities Inc. grew its position in XAI OCTAGON FR/COM by 8.2% during the 2nd quarter. Wedbush Securities Inc. now owns 26,512 shares of the company’s stock worth $243,000 after purchasing an additional 2,014 shares in the last quarter.
XAI OCTAGON FR/COM Company Profile (NYSE:XFLT)
There is no company description available for XAI Octagon Floating Rate & Alternative Income Term Trust.
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