RENN Fund (NYSEAMERICAN:RCG) Stock Price Up 3%

Shares of RENN Fund, Inc. (NYSEAMERICAN:RCGGet Rating) rose 3% during trading on Thursday . The company traded as high as $2.08 and last traded at $2.07. Approximately 1,237 shares changed hands during trading, a decline of 88% from the average daily volume of 10,170 shares. The stock had previously closed at $2.01.

RENN Fund Price Performance

Institutional Trading of RENN Fund

Several institutional investors and hedge funds have recently modified their holdings of the business. Horizon Kinetics Asset Management LLC lifted its holdings in shares of RENN Fund by 10.1% in the third quarter. Horizon Kinetics Asset Management LLC now owns 450,264 shares of the company’s stock valued at $964,000 after purchasing an additional 41,265 shares in the last quarter. Moors & Cabot Inc. lifted its holdings in shares of RENN Fund by 2.6% in the third quarter. Moors & Cabot Inc. now owns 204,686 shares of the company’s stock valued at $438,000 after purchasing an additional 5,281 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of RENN Fund by 62.8% in the first quarter. Bank of America Corp DE now owns 19,657 shares of the company’s stock valued at $42,000 after purchasing an additional 7,579 shares in the last quarter. Pecaut & CO. lifted its holdings in shares of RENN Fund by 36.3% in the first quarter. Pecaut & CO. now owns 89,423 shares of the company’s stock valued at $193,000 after purchasing an additional 23,792 shares in the last quarter. Finally, Shufro Rose & Co. LLC acquired a new position in shares of RENN Fund in the first quarter valued at approximately $96,000.

RENN Fund Company Profile

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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.

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