Romanian Investment Fund (NYSEAMERICAN:RIF – Get Free Report) shares rose 1.2% during trading on Monday . The company traded as high as $11.93 and last traded at $11.90. Approximately 60,100 shares traded hands during trading, a decline of 12% from the average daily volume of 68,210 shares. The stock had previously closed at $11.76.
Romanian Investment Fund Price Performance
The business has a 50 day simple moving average of $11.90 and a 200-day simple moving average of $11.90.
About Romanian Investment Fund
Romanian Investment Fund is a closed-end investment company listed on the NYSE American under the ticker RIF. The fund’s primary objective is long-term capital appreciation through equity investments in Romanian companies across a range of industries, including financial services, industrials, consumer goods and real estate. By pooling capital into a diversified portfolio of publicly traded and privately placed Romanian securities, the fund offers investors targeted exposure to the country’s growing economy and capital markets.
The fund is managed by a Bucharest-based team that conducts fundamental research and company analysis to identify growth opportunities and attractively valued equities.
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