Moors & Cabot Inc. Has $560,000 Stock Position in RENN Fund, Inc. (NYSE:RCG)

Moors & Cabot Inc. grew its position in RENN Fund, Inc. (NYSE:RCG) by 5.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 263,960 shares of the company’s stock after purchasing an additional 13,500 shares during the period. Moors & Cabot Inc.’s holdings in RENN Fund were worth $560,000 at the end of the most recent quarter.

RENN Fund Stock Performance

NYSE:RCG opened at $2.70 on Friday. The stock’s 50 day moving average price is $2.16 and its 200 day moving average price is $1.88. RENN Fund, Inc. has a 52 week low of $1.52 and a 52 week high of $2.75.

About RENN Fund

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.