RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) Short Interest Up 35.4% in March

Posted by Mark Dietrich on Apr 2nd, 2025

RiverNorth Capital and Income Fund, Inc. (NYSE:RSF – Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 21,400 shares, an increase of 35.4% from the February 28th total of 15,800 shares. Based on an average daily volume of 22,400 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Investors Weigh In On RiverNorth Capital and Income Fund

Large investors have recently modified their holdings of the stock. Absolute Investment Advisers LLC bought a new position in RiverNorth Capital and Income Fund during the fourth quarter valued at $189,000. Quarry LP boosted its holdings in shares of RiverNorth Capital and Income Fund by 34.3% in the third quarter. Quarry LP now owns 13,442 shares of the company’s stock worth $207,000 after acquiring an additional 3,432 shares during the period. Raymond James Financial Inc. purchased a new stake in RiverNorth Capital and Income Fund during the 4th quarter worth about $330,000. Shaker Financial Services LLC bought a new position in RiverNorth Capital and Income Fund in the 4th quarter worth about $911,000. Finally, Nomura Holdings Inc. purchased a new position in RiverNorth Capital and Income Fund during the 4th quarter valued at about $3,088,000.

RiverNorth Capital and Income Fund Price Performance

Shares of NYSE:RSF opened at $15.35 on Wednesday. The company’s 50-day moving average is $15.18 and its 200 day moving average is $15.27. RiverNorth Capital and Income Fund has a fifty-two week low of $14.86 and a fifty-two week high of $16.90.

RiverNorth Capital and Income Fund Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were paid a $0.1357 dividend. This represents a yield of 10.77%. The ex-dividend date of this dividend was Wednesday, January 15th. RiverNorth Capital and Income Fund’s payout ratio is 110.67%.

RiverNorth Capital and Income Fund Company Profile

(Get Free Report)

RiverNorth Specialty Finance Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.