Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 24,900 shares, an increase of 55.6% from the February 13th total of 16,000 shares. Based on an average daily volume of 49,000 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the shares of the company are short sold.
Institutional Trading of Special Opportunities Fund
Institutional investors have recently modified their holdings of the stock. Quarry LP bought a new stake in shares of Special Opportunities Fund during the 4th quarter valued at $44,000. Global Retirement Partners LLC bought a new stake in shares of Special Opportunities Fund during the 4th quarter valued at $45,000. K2 Principal Fund L.P. bought a new stake in shares of Special Opportunities Fund during the 4th quarter valued at $146,000. Absolute Investment Advisers LLC bought a new stake in shares of Special Opportunities Fund during the 4th quarter valued at $154,000. Finally, Aspiriant LLC bought a new stake in shares of Special Opportunities Fund during the 4th quarter valued at $194,000. 35.60% of the stock is currently owned by institutional investors.
Special Opportunities Fund Stock Performance
NYSE:SPE traded up $0.17 during mid-day trading on Friday, hitting $15.05. 37,482 shares of the stock were exchanged, compared to its average volume of 38,524. The firm’s 50-day simple moving average is $15.25 and its 200 day simple moving average is $14.77. Special Opportunities Fund has a fifty-two week low of $12.00 and a fifty-two week high of $15.87.
Special Opportunities Fund Dividend Announcement
About Special Opportunities Fund
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
- Five stocks we like better than Special Opportunities Fund
- What Are Earnings Reports?
- How to Build the Ultimate Everything ETF Portfolio
- Retail Stocks Investing, Explained
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- Dividend Payout Ratio Calculator
- 3 Stocks With High ROE and Market-Beating Growth Potential
Receive News & Ratings for Special Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Special Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.