Dividend and Income Fund (OTCMKTS:DNIF – Get Rating) saw a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 12,400 shares, a drop of 5.3% from the March 31st total of 13,100 shares. Based on an average daily volume of 60,400 shares, the days-to-cover ratio is currently 0.2 days.
Dividend and Income Fund Trading Down 0.3 %
OTCMKTS DNIF opened at $11.07 on Thursday. Dividend and Income Fund has a fifty-two week low of $10.00 and a fifty-two week high of $13.39. The stock has a 50 day simple moving average of $11.49 and a two-hundred day simple moving average of $11.50.
Dividend and Income Fund Announces Dividend
The business also recently disclosed a dividend, which was paid on Monday, March 27th. Investors of record on Wednesday, March 15th were given a dividend of $0.25 per share. This represents a yield of 7.95%. The ex-dividend date of this dividend was Tuesday, March 14th.
Dividend and Income Fund Company Profile
Dividend and Income Fund is a closed-ended equity mutual fund launched and managed by Bexil Advisers LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all capitalizations.
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