The company is so far trading up by 0.27% since yesterday’s close of $14.96. Company chares are trading at $15.00 marginally over the 50 day moving average of $14.87 and just above the 200 day moving average of $14.67. The 50 day moving average was up $0.13 and the 200 day average went up by +2.3005%.
There has been some selling insider activity on Deutsche High Income Opportunit (NYSE:DHG) recently. Director Kenneth C. Froewiss disclosed the sale of 750 shares. The shares were sold on April 13th for an average price of $13.38. Froewiss now owns $3,345 of the stock per the Form 4 SEC filing.
DWS Dreman Value Income Edge Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund?s investment objective is to seek to achieve a high level of total return. Deutsche Investment Management Americas Inc. is the investment advisor for the Fund..
Here are a few additional firms who have increased or decreased their stake in (DHG). Morgan Stanley reduced its holdings by selling 556 shares a decrease of 15.6%. Morgan Stanley now holds 3,004 shares worth $44,000. The total value of its holdings decreased 13.7%. Saba Capital Management, L.p. downsized its ownership by shedding 128,370 shares a decrease of 6.3% in the quarter. Saba Capital Management, L.p. controls 1,895,375 shares with a value of $27,767,000. The value of the position overall is down by 4.8%.
As of the end of the quarter Raymond James & Associates had bought a total of 70,807 shares growing its stake by 11.8%. The value of the investment in DHG increased from $8,679,000 to $9,861,000 a change of $1,182,000 since the last quarter. Rivernorth Capital Management, LLC grew its stake by buying 82,994 shares an increase of 17.8% as of 03/31/2017. Rivernorth Capital Management, LLC now controls 549,523 shares valued at $8,051,000. The total value of its holdings increased 19.8%.