Royce Global Value Trust, Inc. (NYSE:RGT) Stock Short Interest Report for September

Royce Global Value Trust, Inc. (NYSE:RGT) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 6,291 shares, an increase of 118.9% from the September 15th total of 2,874 shares. Based on an average trading volume of 11,595 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Royce Global Value Trust

Several large investors have recently modified their holdings of the stock. 1607 Capital Partners LLC bought a new stake in shares of Royce Global Value Trust during the 4th quarter worth about $1,279,000. Beckerman Institutional LLC acquired a new position in Royce Global Value Trust in the 2nd quarter valued at about $612,000. Shaker Financial Services LLC grew its stake in Royce Global Value Trust by 3.6% in the 3rd quarter. Shaker Financial Services LLC now owns 189,057 shares of the company’s stock valued at $2,692,000 after buying an additional 6,549 shares during the last quarter. Tidal Investments LLC grew its stake in Royce Global Value Trust by 5.3% in the 2nd quarter. Tidal Investments LLC now owns 30,535 shares of the company’s stock valued at $435,000 after buying an additional 1,539 shares during the last quarter. Finally, Susquehanna International Group LLP grew its stake in Royce Global Value Trust by 9.8% in the 2nd quarter. Susquehanna International Group LLP now owns 17,218 shares of the company’s stock valued at $245,000 after buying an additional 1,536 shares during the last quarter.

Royce Global Value Trust Trading Up 1.0%

Royce Global Value Trust stock traded up $0.14 during mid-day trading on Thursday, hitting $14.22. 5,230 shares of the company’s stock traded hands, compared to its average volume of 20,135. The firm has a 50 day simple moving average of $14.84 and a two-hundred day simple moving average of $14.53. Royce Global Value Trust has a fifty-two week low of $12.01 and a fifty-two week high of $15.79.

Royce Global Value Trust Company Profile

Royce Global Value Trust, Inc (NYSE: RGT) is a closed-end investment company that seeks long-term growth of capital by investing in a diversified portfolio of global equities. The fund focuses primarily on small-cap companies that its investment adviser believes are undervalued relative to their business prospects, assets, or earnings potential.

RGT invests across the United States and international markets, providing exposure to companies in a range of industries and geographic regions.