DNP Select Income Fund Inc. (NYSE:DNP) Short Interest Down 8.2% in August

DNP Select Income Fund Inc. (NYSE:DNPGet Rating) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 305,800 shares, a decline of 8.2% from the August 15th total of 333,000 shares. Based on an average daily trading volume, of 445,200 shares, the short-interest ratio is currently 0.7 days.

DNP Select Income Fund Stock Up 1.1 %

Shares of NYSE DNP opened at $11.34 on Tuesday. The business has a 50-day moving average of $11.25 and a two-hundred day moving average of $11.29. DNP Select Income Fund has a 1 year low of $10.06 and a 1 year high of $12.00.

Institutional Trading of DNP Select Income Fund

Institutional investors have recently bought and sold shares of the business. Dixon Hughes Goodman Wealth Advisors LLC purchased a new stake in DNP Select Income Fund during the 1st quarter worth about $27,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in DNP Select Income Fund during the 2nd quarter worth about $26,000. Selective Wealth Management Inc. purchased a new stake in shares of DNP Select Income Fund in the 2nd quarter valued at about $28,000. Prospera Financial Services Inc purchased a new stake in shares of DNP Select Income Fund in the 1st quarter valued at about $34,000. Finally, ACG Wealth purchased a new stake in shares of DNP Select Income Fund in the 2nd quarter valued at about $35,000. 7.24% of the stock is owned by hedge funds and other institutional investors.

DNP Select Income Fund Company Profile

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DNP Select Income Fund Inc is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests in the public equity and fixed income markets of the United States. For the fixed income portion, the fund invests in bonds.

Further Reading

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