Insider Selling: Rivernorth Opportunities Fund Inc (RIV) Insider Sells 7,000 Shares of Stock
Rivernorth Opportunities Fund Inc (NYSE:RIV) insider Rivernorth Capital Management, sold 7,000 shares of the firm’s stock in a transaction dated Thursday, October 5th. The stock was sold at an average price of $20.72, for a total transaction of $145,040.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Rivernorth Opportunities Fund Inc (NYSE:RIV) traded up 0.29% during mid-day trading on Tuesday, reaching $21.11. 112,785 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $20.70 and a 200 day moving average price of $20.70. Rivernorth Opportunities Fund Inc has a 12-month low of $18.29 and a 12-month high of $21.33.
Rivernorth Opportunities Fund Company Profile
Rivernorth Opportunities Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return consisting of capital appreciation and current income. The Fund seeks to achieve its investment objective by pursuing a tactical asset allocation strategy and opportunistically investing under normal circumstances in closed-end funds and exchange-traded funds (ETFs, and collectively, Underlying Funds).
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