RENN Fund, Inc. (NYSEAMERICAN:RCG) Short Interest Up 317.6% in March

RENN Fund, Inc. (NYSEAMERICAN:RCG) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 7,100 shares, a growth of 317.6% from the February 28th total of 1,700 shares. Based on an average daily volume of 10,400 shares, the days-to-cover ratio is currently 0.7 days.

RENN Fund Price Performance

Shares of RENN Fund stock traded down $0.01 during trading on Thursday, hitting $2.57. The company’s stock had a trading volume of 1,906 shares, compared to its average volume of 12,139. The business’s fifty day moving average price is $2.68. RENN Fund has a 52 week low of $1.53 and a 52 week high of $2.88.

RENN Fund Company Profile

RENN Fund, Inc is a closed ended equity mutual fund launched by RENN Capital Group, Inc The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies.