RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) Short Interest Update

RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) saw a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 24,400 shares, a decrease of 24.7% from the May 15th total of 32,400 shares. Based on an average daily volume of 29,600 shares, the days-to-cover ratio is currently 0.8 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered RiverNorth Capital and Income Fund from a “buy” rating to a “hold” rating in a research report on Thursday, May 22nd.

Institutional Investors Weigh In On RiverNorth Capital and Income Fund

Institutional investors have recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new stake in RiverNorth Capital and Income Fund during the fourth quarter worth $330,000. Nomura Holdings Inc. bought a new stake in RiverNorth Capital and Income Fund during the fourth quarter worth $3,088,000. Shaker Financial Services LLC bought a new stake in RiverNorth Capital and Income Fund during the fourth quarter worth $911,000. Finally, Tabor Asset Management LP bought a new stake in RiverNorth Capital and Income Fund during the first quarter worth $198,000.

RiverNorth Capital and Income Fund Trading Down 0.1%

Shares of RiverNorth Capital and Income Fund stock opened at $14.66 on Thursday. The stock has a fifty day simple moving average of $15.01 and a 200 day simple moving average of $15.15. RiverNorth Capital and Income Fund has a 12-month low of $14.61 and a 12-month high of $16.02.

RiverNorth Capital and Income Fund Announces Dividend

The business also recently declared a dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were issued a dividend of $0.1357 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a yield of 10.71%. RiverNorth Capital and Income Fund’s dividend payout ratio (DPR) is currently 119.33%.

RiverNorth Capital and Income Fund Company Profile

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.