Shares of TwentyFour Select Monthly Income Fund Limited (LON:SMIF – Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 87.40 and traded as low as GBX 86.80. TwentyFour Select Monthly Income Fund shares last traded at GBX 87.20, with a volume of 816,047 shares.
TwentyFour Select Monthly Income Fund Trading Up 0.2%
The company has a market capitalization of £280.30 million and a price-to-earnings ratio of 5.46. The business’s 50 day moving average price is GBX 87.40 and its two-hundred day moving average price is GBX 86.94.
About TwentyFour Select Monthly Income Fund
TwentyFour Select Monthly Income Fund is a London listed closed-ended fund which is designed to take advantage of the premium returns available from “less liquid” instruments across the debt spectrum. These securities, do not offer enough liquidity for daily priced OEICs, but are well suited to a traded closed-ended vehicle, where investors can obtain liquidity via the exchange and the quarterly buyback facility that the fund offers.
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