RiverNorth Opportunities Fund, Inc. (NYSE:RIV) Sees Significant Increase in Short Interest

Posted by Lauren Steadman on Oct 8th, 2025

RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 1,300,000 shares, a growth of 71.0% from the August 31st total of 760,300 shares. Based on an average daily volume of 118,200 shares, the days-to-cover ratio is presently 11.0 days. Based on an average daily volume of 118,200 shares, the days-to-cover ratio is presently 11.0 days.

RiverNorth Opportunities Fund Stock Performance

RiverNorth Opportunities Fund stock opened at $11.97 on Wednesday. The firm’s fifty day moving average price is $12.25 and its 200-day moving average price is $11.97. RiverNorth Opportunities Fund has a fifty-two week low of $10.11 and a fifty-two week high of $12.94.

RiverNorth Opportunities Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a dividend of $0.1277 per share. The ex-dividend date is Monday, December 15th. This represents a c) annualized dividend and a dividend yield of 12.8%.

Institutional Trading of RiverNorth Opportunities Fund

Several institutional investors and hedge funds have recently made changes to their positions in RIV. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of RiverNorth Opportunities Fund during the 2nd quarter valued at $40,000. Truvestments Capital LLC purchased a new stake in shares of RiverNorth Opportunities Fund during the 1st quarter valued at $108,000. WealthTrust Asset Management LLC purchased a new stake in shares of RiverNorth Opportunities Fund during the 1st quarter valued at $170,000. Opal Wealth Advisors LLC purchased a new stake in shares of RiverNorth Opportunities Fund during the 2nd quarter valued at $265,000. Finally, Total Wealth Planning & Management Inc. purchased a new stake in shares of RiverNorth Opportunities Fund during the 1st quarter valued at $309,000.

About RiverNorth Opportunities Fund

(Get Free Report)

RiverNorth Opportunities Fund, Inc is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc was formed on December 24, 2015 and is domiciled in the United States.