RiverNorth/DoubleLine Strategic Opportunity Fund (NYSE:OPP) Shares Down 0.1% – What’s Next?

Posted by Geri Gentry on Oct 25th, 2026

Shares of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report) dropped 0.1% on Friday. The company traded as low as $6.84 and last traded at $6.87. Approximately 44,304 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 97,778 shares. The stock had previously closed at $6.88.

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Down 0.1%

The company has a 50 day moving average price of $7.16 and a 200-day moving average price of $7.50.

RiverNorth/DoubleLine Strategic Opportunity Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be given a dividend of $0.0910 per share. This represents a $1.09 annualized dividend and a dividend yield of 15.9%. The ex-dividend date is Tuesday, December 15th.

Institutional Trading of RiverNorth/DoubleLine Strategic Opportunity Fund

Several large investors have recently bought and sold shares of OPP. Readystate Asset Management LP acquired a new position in RiverNorth/DoubleLine Strategic Opportunity Fund during the second quarter worth about $332,000. NewEdge Advisors LLC lifted its holdings in shares of RiverNorth/DoubleLine Strategic Opportunity Fund by 6.1% in the second quarter. NewEdge Advisors LLC now owns 186,728 shares of the company’s stock worth $1,442,000 after acquiring an additional 10,687 shares during the last quarter. Total Wealth Planning & Management Inc. lifted its holdings in shares of RiverNorth/DoubleLine Strategic Opportunity Fund by 12.2% in the third quarter. Total Wealth Planning & Management Inc. now owns 51,661 shares of the company’s stock worth $357,000 after acquiring an additional 5,603 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of RiverNorth/DoubleLine Strategic Opportunity Fund by 2.8% in the second quarter. Baird Financial Group Inc. now owns 127,126 shares of the company’s stock worth $981,000 after acquiring an additional 3,507 shares during the last quarter. Finally, Advisory Solutions Group LLC bought a new position in shares of RiverNorth/DoubleLine Strategic Opportunity Fund in the second quarter worth about $105,000.

RiverNorth/DoubleLine Strategic Opportunity Fund Company Profile

(Get Free Report)

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. It invests in fixed income markets. The fund seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc was formed on December 30, 2010 and is domiciled in the United States.