Saba Capital Income & Opportunities Fund II (NYSE:SABA) Short Interest Update

Saba Capital Income & Opportunities Fund II (NYSE:SABA) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 12,680 shares, a decline of 23.1% from the January 29th total of 16,487 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 167,125 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 167,125 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Saba Capital Income & Opportunities Fund II Price Performance

NYSE SABA opened at $8.04 on Monday. The business has a fifty day moving average price of $8.21 and a 200 day moving average price of $8.69. Saba Capital Income & Opportunities Fund II has a one year low of $7.72 and a one year high of $9.46.

Saba Capital Income & Opportunities Fund II Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 10th were given a $0.058 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date was Tuesday, February 10th.

Institutional Trading of Saba Capital Income & Opportunities Fund II

Large investors have recently bought and sold shares of the business. Walleye Capital LLC raised its holdings in Saba Capital Income & Opportunities Fund II by 6.2% in the 2nd quarter. Walleye Capital LLC now owns 25,011 shares of the company’s stock valued at $230,000 after acquiring an additional 1,468 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in Saba Capital Income & Opportunities Fund II by 0.7% during the fourth quarter. Advisors Asset Management Inc. now owns 261,272 shares of the company’s stock worth $2,155,000 after buying an additional 1,857 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Saba Capital Income & Opportunities Fund II by 2.9% in the 2nd quarter. Raymond James Financial Inc. now owns 71,402 shares of the company’s stock valued at $656,000 after buying an additional 1,997 shares in the last quarter. Gilman Hill Asset Management LLC increased its stake in shares of Saba Capital Income & Opportunities Fund II by 16.7% in the 4th quarter. Gilman Hill Asset Management LLC now owns 17,500 shares of the company’s stock worth $144,000 after acquiring an additional 2,500 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of Saba Capital Income & Opportunities Fund II by 11.8% during the 2nd quarter. Cetera Investment Advisers now owns 29,468 shares of the company’s stock worth $271,000 after acquiring an additional 3,118 shares during the period. Hedge funds and other institutional investors own 22.22% of the company’s stock.

About Saba Capital Income & Opportunities Fund II

Saba Capital Income & Opportunities Fund II is a closed-ended fixed income mutual fund launched and managed by Saba Capital Management, L.P. The fund invests in fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P. Morgan Global Government Bond Index. Saba Capital Income & Opportunities Fund II was formed on March 17, 1988 and is domiciled in the United States.