RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) Sees Large Drop in Short Interest

Posted by Matthew Jenks on Mar 14th, 2025

RiverNorth Capital and Income Fund, Inc. (NYSE:RSF – Get Free Report) was the recipient of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 15,800 shares, a drop of 43.2% from the February 13th total of 27,800 shares. Based on an average daily volume of 23,000 shares, the short-interest ratio is currently 0.7 days.

RiverNorth Capital and Income Fund Price Performance

Shares of NYSE RSF opened at $15.14 on Friday. RiverNorth Capital and Income Fund has a 52 week low of $14.86 and a 52 week high of $16.90. The business has a 50 day simple moving average of $15.19 and a 200 day simple moving average of $15.28.

RiverNorth Capital and Income Fund Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were given a $0.1357 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a dividend yield of 10.77%. RiverNorth Capital and Income Fund’s dividend payout ratio is currently 110.67%.

Hedge Funds Weigh In On RiverNorth Capital and Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Nomura Holdings Inc. bought a new stake in shares of RiverNorth Capital and Income Fund during the fourth quarter valued at approximately $3,088,000. Shaker Financial Services LLC bought a new position in shares of RiverNorth Capital and Income Fund during the 4th quarter worth approximately $911,000. Landscape Capital Management L.L.C. bought a new stake in shares of RiverNorth Capital and Income Fund during the 3rd quarter worth approximately $369,000. Raymond James Financial Inc. acquired a new position in RiverNorth Capital and Income Fund during the fourth quarter worth approximately $330,000. Finally, Absolute Investment Advisers LLC bought a new stake in shares of RiverNorth Capital and Income Fund during the 4th quarter worth about $189,000.

RiverNorth Capital and Income Fund Company Profile

(Get Free Report)

RiverNorth Specialty Finance Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.