DNP Select Income Fund Inc. (NYSE:DNP) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 292,100 shares, a growth of 26.6% from the September 15th total of 230,700 shares. Based on an average trading volume of 434,200 shares, the short-interest ratio is presently 0.7 days.
Shares of DNP stock traded up $0.04 during trading on Friday, reaching $10.15. The company had a trading volume of 321,160 shares, compared to its average volume of 535,062. The firm’s 50 day simple moving average is $10.20 and its two-hundred day simple moving average is $10.63. DNP Select Income Fund has a one year low of $6.76 and a one year high of $13.22.
The business also recently disclosed a monthly dividend, which will be paid on Monday, January 11th. Investors of record on Thursday, December 31st will be paid a $0.065 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.68%. The ex-dividend date is Wednesday, December 30th.
DNP Select Income Fund Company Profile
DNP Select Income Fund Inc is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests in the public equity and fixed income markets of the United States. For the fixed income portion, the fund invests in bonds.
See Also: Golden Cross
Receive News & Ratings for DNP Select Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DNP Select Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.