Sequoia Economic Infrastructure Income Fund (LON:SEQI) Share Price Crosses Below Two Hundred Day Moving Average of $109.77

Sequoia Economic Infrastructure Income Fund Limited (LON:SEQI)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 109.77 ($1.43) and traded as low as GBX 108 ($1.41). Sequoia Economic Infrastructure Income Fund shares last traded at GBX 109 ($1.42), with a volume of 1,714,050 shares changing hands.

The business has a 50-day moving average of GBX 111.32 and a 200-day moving average of GBX 109.76.

The company also recently announced a dividend, which was paid on Monday, September 6th. Stockholders of record on Thursday, July 29th were given a GBX 1.56 ($0.02) dividend. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, July 29th.

In related news, insider Sandra Platts purchased 372 shares of the business’s stock in a transaction that occurred on Monday, September 6th. The stock was acquired at an average cost of GBX 112 ($1.46) per share, for a total transaction of £416.64 ($544.34).

About Sequoia Economic Infrastructure Income Fund (LON:SEQI)

Sequoia Economic Infrastructure Income Fund Limited invests in a diversified portfolio of senior and subordinated economic infrastructure debt investments through its subsidiary Sequoia IDF Asset Holdings SA The Company operates through investment in senior and subordinated infrastructure debt instruments and related and/or similar assets segment.

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