Insider Buying: Ares Dynamic Credit Allocation Fund CEO Acquires 1,000 Shares of Stock (ARDC)
Ares Dynamic Credit Allocation Fund (NASDAQ:ARDC) CEO Seth Brufsky purchased 1,000 shares of the company’s stock on the open market in a transaction dated Wednesday, October 2nd. The stock was purchased at an average cost of $18.44 per share, with a total value of $18,440.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Ares Dynamic Credit Allocation Fund (NASDAQ:ARDC) traded down 0.38% during mid-day trading on Friday, hitting $18.12. The stock had a trading volume of 26,184 shares. Ares Dynamic Credit Allocation Fund has a one year low of $17.83 and a one year high of $20.41. The stock has a 50-day moving average of $18.46 and a 200-day moving average of $19.2.
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