Royce Global Value Trust, Inc. (NYSE:RGT – Get Free Report) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 11,153 shares, a growth of 134.6% from the October 15th total of 4,754 shares. Based on an average daily trading volume, of 20,770 shares, the days-to-cover ratio is presently 0.5 days.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in RGT. Atlas Wealth LLC increased its stake in Royce Global Value Trust by 17.8% in the 3rd quarter. Atlas Wealth LLC now owns 510,724 shares of the company’s stock worth $7,273,000 after buying an additional 77,280 shares in the last quarter. Beckerman Institutional LLC lifted its position in shares of Royce Global Value Trust by 18.3% in the third quarter. Beckerman Institutional LLC now owns 50,867 shares of the company’s stock valued at $724,000 after acquiring an additional 7,866 shares in the last quarter. Blue Bell Private Wealth Management LLC lifted its position in shares of Royce Global Value Trust by 9.6% in the third quarter. Blue Bell Private Wealth Management LLC now owns 130,924 shares of the company’s stock valued at $1,864,000 after acquiring an additional 11,470 shares in the last quarter. Shaker Financial Services LLC boosted its stake in shares of Royce Global Value Trust by 3.6% in the third quarter. Shaker Financial Services LLC now owns 189,057 shares of the company’s stock worth $2,692,000 after acquiring an additional 6,549 shares during the period. Finally, Tidal Investments LLC boosted its stake in shares of Royce Global Value Trust by 5.3% in the second quarter. Tidal Investments LLC now owns 30,535 shares of the company’s stock worth $435,000 after acquiring an additional 1,539 shares during the period.
Royce Global Value Trust Stock Down 1.4%
NYSE:RGT opened at $15.08 on Friday. Royce Global Value Trust has a twelve month low of $12.01 and a twelve month high of $15.79. The stock’s 50 day moving average price is $14.51 and its two-hundred day moving average price is $14.45.
Royce Global Value Trust Company Profile
Royce Global Value Trust, Inc. (NYSE:RGT) is a closed-end investment company that seeks long-term growth of capital by investing primarily in equity securities of companies located around the world. The fund emphasizes small-capitalization businesses that its investment adviser believes are undervalued relative to their underlying business prospects. RGT provides investors with a diversified portfolio of global value-oriented equities, including holdings in the United States and international markets.
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