Royce Value Trust Inc. (NYSE:RVT) Short Interest Down 13.8% in January

Royce Value Trust Inc. (NYSE:RVT) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 230,200 shares, a decrease of 13.8% from the December 31st total of 267,000 shares. Based on an average daily volume of 278,600 shares, the short-interest ratio is currently 0.8 days.

Royce Value Trust Price Performance

Royce Value Trust stock opened at $16.31 on Monday. The firm has a 50 day moving average of $16.16 and a 200 day moving average of $15.72. Royce Value Trust has a 12-month low of $13.78 and a 12-month high of $16.93.

Royce Value Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Thursday, December 12th were issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 10.79%. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Investors Weigh In On Royce Value Trust

A number of institutional investors have recently added to or reduced their stakes in the stock. Raymond James & Associates grew its holdings in Royce Value Trust by 5.5% during the 3rd quarter. Raymond James & Associates now owns 1,502,749 shares of the financial services provider’s stock valued at $23,593,000 after buying an additional 78,601 shares in the last quarter. Stifel Financial Corp raised its position in shares of Royce Value Trust by 10.0% during the 3rd quarter. Stifel Financial Corp now owns 775,846 shares of the financial services provider’s stock valued at $12,181,000 after buying an additional 70,449 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Royce Value Trust by 2.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 439,830 shares of the financial services provider’s stock valued at $6,949,000 after buying an additional 11,777 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Royce Value Trust by 14.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 386,499 shares of the financial services provider’s stock valued at $6,068,000 after buying an additional 48,700 shares in the last quarter. Finally, International Assets Investment Management LLC raised its position in shares of Royce Value Trust by 1,603.2% during the 3rd quarter. International Assets Investment Management LLC now owns 370,774 shares of the financial services provider’s stock valued at $5,821,000 after buying an additional 349,005 shares in the last quarter. 25.57% of the stock is owned by hedge funds and other institutional investors.

About Royce Value Trust

Royce Value Trust Inc is a close ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small cap and micro cap companies.