Royce Value Trust Inc. (NYSE:RVT) Short Interest Update

Royce Value Trust Inc. (NYSE:RVT) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 247,900 shares, a decline of 21.3% from the January 31st total of 314,900 shares. Based on an average trading volume of 269,400 shares, the days-to-cover ratio is currently 0.9 days.

Royce Value Trust Stock Down 1.3 %

NYSE RVT traded down $0.19 during trading hours on Tuesday, hitting $14.65. 162,564 shares of the company’s stock traded hands, compared to its average volume of 252,664. The firm’s 50-day moving average is $15.97 and its 200-day moving average is $15.81. Royce Value Trust has a 52-week low of $13.78 and a 52-week high of $16.93.

Institutional Investors Weigh In On Royce Value Trust

A number of large investors have recently made changes to their positions in the stock. Beacon Financial Advisory LLC boosted its stake in Royce Value Trust by 5.8% during the third quarter. Beacon Financial Advisory LLC now owns 13,328 shares of the financial services provider’s stock worth $209,000 after buying an additional 734 shares during the last quarter. Prospera Financial Services Inc increased its position in Royce Value Trust by 1.7% during the third quarter. Prospera Financial Services Inc now owns 48,547 shares of the financial services provider’s stock worth $762,000 after purchasing an additional 800 shares during the last quarter. Focused Wealth Management Inc raised its stake in Royce Value Trust by 1.6% during the third quarter. Focused Wealth Management Inc now owns 53,674 shares of the financial services provider’s stock worth $843,000 after purchasing an additional 827 shares during the period. Creative Planning boosted its holdings in Royce Value Trust by 7.7% in the 3rd quarter. Creative Planning now owns 11,791 shares of the financial services provider’s stock valued at $185,000 after purchasing an additional 842 shares during the last quarter. Finally, Alexander Randolph Advisory Inc. boosted its holdings in Royce Value Trust by 2.9% in the 4th quarter. Alexander Randolph Advisory Inc. now owns 30,963 shares of the financial services provider’s stock valued at $489,000 after purchasing an additional 871 shares during the last quarter. 25.57% of the stock is currently 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.