Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as low as $6.14. Herzfeld Caribbean Basin Fund shares last traded at $6.14, with a volume of 425 shares traded.

The firm has a fifty day moving average of $6.27.

An institutional investor recently bought a new position in Herzfeld Caribbean Basin Fund stock. Joseph P. Lucia & Associates LLC purchased a new position in shares of Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,970 shares of the investment management company’s stock, valued at approximately $500,000. Hedge funds and other institutional investors own 32.46% of the company’s stock.

Herzfeld Caribbean Basin Fund Company Profile (NASDAQ:CUBA)

The Herzfeld Caribbean Basin Fund Inc is a closed-ended equity mutual fund launched by Thomas J. Herzfeld Advisors, Inc The fund is managed by Herzfeld/Cuba. It invests in the public equity markets of the United States. The fund employing fundamental analysis investing in stocks of companies that are likely to benefit from economic, political, structural and technological developments in the countries in the Caribbean Basin, which consist of Cuba, Jamaica, Trinidad and Tobago, the Bahamas, the Dominican Republic, Barbados, Aruba, Haiti, the Netherlands Antilles, the Commonwealth of Puerto Rico, Mexico, Honduras, Guatemala, Belize, Costa Rica, Panama, Colombia and Venezuela.

Further Reading: How to track put option volume

Receive News & Ratings for Herzfeld Caribbean Basin Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Herzfeld Caribbean Basin Fund and related companies with MarketBeat.com's FREE daily email newsletter.