RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) Sees Significant Growth in Short Interest

Posted by Teresa Graham on Apr 2nd, 2025

RiverNorth Capital and Income Fund, Inc. (NYSE:RSF – Get Free Report) saw a significant 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 short-interest ratio is presently 1.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Nomura Holdings Inc. bought a new stake in RiverNorth Capital and Income Fund during the fourth quarter worth about $3,088,000. Shaker Financial Services LLC purchased a new position in shares of RiverNorth Capital and Income Fund during the 4th quarter valued at about $911,000. Raymond James Financial Inc. bought a new stake in RiverNorth Capital and Income Fund in the 4th quarter worth approximately $330,000. Absolute Investment Advisers LLC purchased a new stake in RiverNorth Capital and Income Fund in the fourth quarter worth approximately $189,000. Finally, Quarry LP grew its position in RiverNorth Capital and Income Fund by 34.3% during the third quarter. Quarry LP now owns 13,442 shares of the company’s stock valued at $207,000 after acquiring an additional 3,432 shares during the last quarter.

RiverNorth Capital and Income Fund Trading Up 1.0 %

Shares of RiverNorth Capital and Income Fund stock opened at $15.35 on Wednesday. RiverNorth Capital and Income Fund has a 1 year low of $14.86 and a 1 year high of $16.90. The company has a 50 day simple moving average of $15.18 and a two-hundred day simple moving average of $15.27.

RiverNorth Capital and Income Fund Cuts Dividend

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