Traders are feeling more bearish on shares of Eagle Growth and Income Opportu lately looking at the increase in short interest. The stock realized a rise in short interest of 5.86% between October 13, 2017 and October 31, 2017. Short shares increased 313 over that timeframe. With short interest at 5,657 and short average daily volume at 18,359, the short-interest ratio is 0.0 and the short interest percentage is 0.00% as of October 31.
The following firms have recently changed their position in EGIF. As of the end of the quarter Raymond James Financial Services Advisors, Inc. had bought a total of 6,411 shares growing its holdings by 4.0%. The value of the investment in EGIF went from $2,737,000 to $2,795,000 a change of 2.1% since the last quarter. Wells Fargo & Company/mn expanded its ownership by buying 2,516 shares an increase of 36.4% from 06/30/2017 to 09/30/2017. Wells Fargo & Company/mn now holds 9,421 shares valued at $159,000. The total value of its holdings increased 33.6%.
As of quarter end Citigroup Inc had disposed of 10,483 shares trimming its position 16.5%. The value of the total investment in Eagle Growth and Income Opportu decreased from $1,092,000 to $894,000 a change of $198,000 quarter to quarter. As of quarter end Raymond James & Associates had acquired 122,506 shares growing its stake by 12.5%. The value of the investment in (EGIF) went from $16,954,000 to $18,711,000 increasing 10.4% quarter over quarter.
In the market the company is trading up since yesterday’s close of 16.03. The P/E ratio is N/A and market capitalization is 115.32M.
Eagle Growth and Income Opportunities Fund is a closed ended balanced mutual fund launched and managed by Four Wood Capital Advisors, LLC. The fund is co-managed by Eagle Asset Management, Inc. and Recon Capital Partners, LLC. It invests in public equity and fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in dividend paying growth stocks of companies. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index and Barclays Aggregate Bond Index. Eagle Growth and Income Opportunities Fund was formed on June 19, 2015 and is domiciled in the United States..