PenderFund Capital Management Ltd. Buys 11,600 Shares of Pender Growth Fund Inc. (CVE:PTF) Stock

Pender Growth Fund Inc. (CVE:PTF) insider PenderFund Capital Management Ltd. bought 11,600 shares of Pender Growth Fund stock in a transaction on Wednesday, June 18th. The shares were acquired at an average cost of C$10.94 per share, with a total value of C$126,934.16.

Pender Growth Fund Price Performance

CVE:PTF opened at C$11.20 on Friday. The firm has a market capitalization of C$81.20 million, a price-to-earnings ratio of 1.81 and a beta of 0.56. Pender Growth Fund Inc. has a one year low of C$9.29 and a one year high of C$11.38. The business has a fifty day moving average price of C$10.25 and a 200-day moving average price of C$10.40.

Pender Growth Fund Company Profile

Pender Growth Fund Inc specializes in later stage, special situations, and restructuring investments. The fund also provides expansion capital and invests in small caps and Eligible Small Businesses ("ESBs"). It seeks to invest in illiquid public and private companies in information technology, communications, life sciences, and proprietary technologies sectors and undervalued technology companies.