RENN Fund, Inc. (NYSEAMERICAN:RCG) Sees Large Decrease in Short Interest

RENN Fund, Inc. (NYSEAMERICAN:RCG) was the recipient of a large decline in short interest in February. As of February 15th, there was short interest totalling 2,500 shares, a decline of 68.4% from the January 31st total of 7,900 shares. Based on an average trading volume of 15,200 shares, the short-interest ratio is currently 0.2 days.

RENN Fund Stock Performance

Shares of NYSEAMERICAN RCG remained flat at $2.70 during trading on Friday. 5,026 shares of the stock were exchanged, compared to its average volume of 9,619. RENN Fund has a twelve month low of $1.52 and a twelve month 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.