Moors & Cabot Inc. Increases Position in RENN Fund, Inc. (NYSE:RCG)

Moors & Cabot Inc. lifted its position in shares of RENN Fund, Inc. (NYSE:RCG) by 3.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 250,460 shares of the company’s stock after purchasing an additional 9,355 shares during the period. Moors & Cabot Inc.’s holdings in RENN Fund were worth $426,000 at the end of the most recent reporting period.

RENN Fund Price Performance

NYSE:RCG opened at $2.06 on Friday. The business’s fifty day moving average price is $1.83 and its 200 day moving average price is $1.70. RENN Fund, Inc. has a 12 month low of $1.52 and a 12 month high of $2.14.

About RENN Fund

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.