RENN Fund (NYSEAMERICAN:RCG) Trading Down 9.4% – Should You Sell?

RENN Fund, Inc. (NYSEAMERICAN:RCGGet Free Report)’s share price dropped 9.4% during mid-day trading on Tuesday . The company traded as low as $2.47 and last traded at $2.51. Approximately 32,542 shares changed hands during mid-day trading, an increase of 201% from the average daily volume of 10,802 shares. The stock had previously closed at $2.77.

RENN Fund Price Performance

RENN Fund Company Profile

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RENN Fund, Inc is a closed ended equity mutual fund launched by RENN Capital Group, Inc The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies.

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