December 1, 2016 - By Marguerite Chambers · 0 Comments
The stock of Dividend and Income Fund (NYSE:DNI) registered an increase of 23.98% in short interest. DNI’s total short interest was 24,300 shares in December as published by FINRA. Its up 23.98% from 19,600 shares, reported previously. With 72,900 shares average volume, it will take short sellers 0 days to cover their DNI’s short positions. About 8,984 shares traded hands. Dividend And Income Fund Inc (NYSE:DNI) has risen 2.38% since April 28, 2016 and is uptrending. It has underperformed by 3.54% the S&P500.
Dividend and Income Fund is a non-diversified, closed-end management investment company. The company has a market cap of $122.70 million. The Fund’s primary investment objective is to seek high current income. It currently has negative earnings. The Company’s secondary objective is capital appreciation.
Insitutional Activity: The institutional sentiment increased to 1.25 in Q2 2016. Its up 0.11, from 1.14 in 2016Q1. The ratio improved, as 6 funds sold all Dividend And Income Fund Inc shares owned while 8 reduced positions. 4 funds bought stakes while 12 increased positions. They now own 2.29 million shares or 1.11% less from 2.32 million shares in 2016Q1.
Doliver Capital Inc has 1.31% invested in the company for 140,655 shares. Benjamin F Edwards holds 700 shares or 0% of its portfolio. The New Jersey-based Round Table Limited Liability Corporation has invested 0.12% in Dividend And Income Fund Inc (NYSE:DNI). Sei Company holds 500 shares or 0% of its portfolio. Savings Bank Of America Corp De, a North Carolina-based fund reported 35,455 shares. Zuckerman Investment Ltd, a Illinois-based fund reported 46,900 shares. Yakira Mngmt holds 31,021 shares or 0.13% of its portfolio. Creative Planning last reported 870 shares in the company. Next Finance Grp Inc Inc has 712 shares for 0% of their US portfolio. Wells Fargo Mn accumulated 74,724 shares or 0% of the stock. The Pennsylvania-based Tfs Cap Limited Liability Corporation has invested 0.04% in Dividend And Income Fund Inc (NYSE:DNI). Css Ltd Liability Co Il has 60,799 shares for 0.04% of their US portfolio. The Illinois-based Rmb Cap Limited Liability has invested 0.02% in Dividend And Income Fund Inc (NYSE:DNI). Sit Invest Associate last reported 313,651 shares in the company. Ladenburg Thalmann Financial Svcs last reported 0% of its portfolio in the stock.
More notable recent Dividend And Income Fund Inc (NYSE:DNI) news were published by: Prnewswire.com which released: “Virtus Global Dividend & Income Fund Inc. Discloses Sources Of Distribution …” on November 21, 2016, also Nasdaq.com with their article: “Aberdeen Asia-Pacific Income Fund Inc (FAX) Ex-Dividend Date Scheduled for …” published on November 15, 2016, Nasdaq.com published: “Credit Suisse Asset Management Income Fund, Inc. (CIK) Ex-Dividend Date …” on November 04, 2016. More interesting news about Dividend And Income Fund Inc (NYSE:DNI) were released by: Businesswire.com and their article: “Lazard World Dividend & Income Fund Announces Stock Repurchase Program” published on November 09, 2016 as well as Prnewswire.com‘s news article titled: “Virtus Global Dividend & Income Fund, Zweig Fund Commence Tender Offers” with publication date: November 25, 2016.
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By Marguerite Chambers