Royce Micro-Cap Trust, Inc. (NYSE:RMT – Get Free Report) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 25,800 shares, a decline of 38.1% from the August 15th total of 41,700 shares. Based on an average trading volume of 93,300 shares, the short-interest ratio is currently 0.3 days.
Royce Micro-Cap Trust Stock Down 1.1 %
RMT opened at $8.46 on Friday. Royce Micro-Cap Trust has a 52 week low of $7.76 and a 52 week high of $9.86. The business has a 50 day moving average price of $8.93 and a two-hundred day moving average price of $8.66.
Royce Micro-Cap Trust Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Monday, September 11th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 8.04%. The ex-dividend date of this dividend is Friday, September 8th.
Institutional Investors Weigh In On Royce Micro-Cap Trust
About Royce Micro-Cap Trust
Royce Micro-Cap Trust, Inc is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than $500 million.
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