News coverage about Rivernorth Opportunities Fund (NYSE:RIV) has trended very positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rivernorth Opportunities Fund earned a media sentiment score of 0.55 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.1460457255099 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Rivernorth Opportunities Fund (RIV) traded down $0.08 during trading hours on Tuesday, hitting $20.77. 19,629 shares of the stock were exchanged, compared to its average volume of 74,590. Rivernorth Opportunities Fund has a twelve month low of $19.10 and a twelve month high of $21.57.

The company also recently declared a monthly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Friday, February 16th will be issued a $0.21 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 12.13%. The ex-dividend date is Thursday, February 15th.

In other news, insider Rivernorth Capital Management, sold 13,000 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $20.10, for a total value of $261,300.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold a total of 40,442 shares of company stock worth $816,160 over the last 90 days.

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About Rivernorth Opportunities Fund

Rivernorth Opportunities Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return consisting of capital appreciation and current income. The Fund seeks to achieve its investment objective by pursuing a tactical asset allocation strategy and opportunistically investing under normal circumstances in closed-end funds and exchange-traded funds (ETFs, and collectively, Underlying Funds).

Insider Buying and Selling by Quarter for Rivernorth Opportunities Fund (NYSE:RIV)

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