Rivernorth Opportunities Fund Inc (NYSE:RIV) Portfolio Manager Stephen Andrew O’neill acquired 2,500 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were purchased at an average cost of $9.38 per share, for a total transaction of $23,450.00. Following the completion of the transaction, the portfolio manager now directly owns 47,222 shares in the company, valued at approximately $442,942.36. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
RIV stock traded up $1.00 during trading on Thursday, hitting $12.64. 7,473 shares of the stock traded hands, compared to its average volume of 97,478. Rivernorth Opportunities Fund Inc has a 1 year low of $8.65 and a 1 year high of $17.75. The firm’s 50 day moving average is $14.98 and its two-hundred day moving average is $16.20.
The business also recently declared a — dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be issued a dividend of $0.18 per share. This represents a dividend yield of 15.3%. The ex-dividend date of this dividend is Monday, June 15th.
Rivernorth Opportunities Fund Company Profile
There is no company description available for RiverNorth Opportunities.
Further Reading: What Is An Exchange-Traded Fund (ETF)?
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