U.S. Global Investors, Inc. (NASDAQ:GROW) Shares Sold by Tidal Investments LLC

Tidal Investments LLC cut its position in shares of U.S. Global Investors, Inc. (NASDAQ:GROW) by 17.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 49,911 shares of the asset manager’s stock after selling 10,274 shares during the period. Tidal Investments LLC’s holdings in U.S. Global Investors were worth $129,000 at the end of the most recent quarter.

U.S. Global Investors Stock Up 0.4 %

U.S. Global Investors stock opened at $2.43 on Thursday. The firm has a fifty day moving average of $2.44 and a 200-day moving average of $2.53. U.S. Global Investors, Inc. has a 52-week low of $2.38 and a 52-week high of $3.05. The firm has a market capitalization of $32.87 million, a P/E ratio of 18.69 and a beta of 1.83.

U.S. Global Investors Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, January 27th. Shareholders of record on Monday, January 13th will be given a $0.0075 dividend. This represents a $0.09 annualized dividend and a yield of 3.70%. The ex-dividend date is Monday, January 13th. U.S. Global Investors’s dividend payout ratio (DPR) is presently 69.23%.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of U.S. Global Investors in a research report on Sunday. They set a “hold” rating for the company.

About U.S. Global Investors

U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.