News articles about RiverNorth Opportunities Fund (NYSE:RIV) have been trending very positive on Tuesday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RiverNorth Opportunities Fund earned a news impact score of 0.51 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.343766443354 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
RiverNorth Opportunities Fund (NYSE RIV) traded down $0.11 during trading on Tuesday, reaching $20.73. The company’s stock had a trading volume of 9,240 shares, compared to its average volume of 57,835. RiverNorth Opportunities Fund has a twelve month low of $19.10 and a twelve month high of $21.57.
The company also recently declared a monthly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Friday, February 16th were paid a dividend of $0.21 per share. The ex-dividend date was Thursday, February 15th. This represents a $2.52 annualized dividend and a yield of 12.16%.
In other RiverNorth Opportunities Fund news, insider Rivernorth Capital Management, sold 13,000 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $20.10, for a total transaction of $261,300.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders have sold 40,442 shares of company stock worth $816,160.
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About RiverNorth Opportunities Fund
Rivernorth Opportunities Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return consisting of capital appreciation and current income. The Fund seeks to achieve its investment objective by pursuing a tactical asset allocation strategy and opportunistically investing under normal circumstances in closed-end funds and exchange-traded funds (ETFs, and collectively, Underlying Funds).
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