RENN Fund, Inc. (NYSEAMERICAN:RCG – Get Free Report)’s stock price was up 4% during mid-day trading on Thursday . The stock traded as high as $2.88 and last traded at $2.86. Approximately 11,711 shares traded hands during mid-day trading, an increase of 2% from the average daily volume of 11,485 shares. The stock had previously closed at $2.75.
RENN Fund Trading Up 4.0%
The firm has a fifty day simple moving average of $2.66 and a 200 day simple moving average of $2.63.
RENN Fund Dividend Announcement
The firm also recently announced an annual dividend, which was paid on Monday, December 29th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.0215 per share. This represents a yield of 83.0%.
RENN Fund Company Profile
RENN Fund, Inc (NYSE American: RCG) is a closed-end management investment company that seeks to provide current income to its shareholders, with capital preservation as a secondary objective. The Fund pursues this objective by investing primarily in a diversified portfolio of corporate debt securities, including both investment-grade and below-investment-grade (high-yield) bonds, floating-rate bank loans and convertible securities.
To enhance income and manage portfolio risk, the Fund may employ leverage through borrowings or the issuance of preferred shares.
Featured Stories
- Five stocks we like better than RENN Fund
- Your Bank Account Is No Longer Safe
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- This $15 Stock Could Go Down as the #1 Stock of 2026
- Elon Musk: This Could Turn $100 into $100,000
Receive News & Ratings for RENN Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RENN Fund and related companies with MarketBeat.com's FREE daily email newsletter.
