RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. ( NYSE:OPP – Get Free Report ) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 47,659 shares, a decline of 36.6% from the August 15th total of 75,156 shares. Based on an average daily volume of 92,932 shares, the days-to-cover ratio is currently 0.5 days.
Institutional Trading of RiverNorth/DoubleLine Strategic Opportunity Fund A number of large investors have recently added to or reduced their stakes in the company. Global Retirement Partners LLC bought a new position in RiverNorth/DoubleLine Strategic Opportunity Fund during the second quarter valued at $52,000. Ausdal Financial Partners Inc. bought a new position in shares of RiverNorth/DoubleLine Strategic Opportunity Fund during the second quarter valued at approximately $99,000. Advisory Solutions Group LLC purchased a new stake in RiverNorth/DoubleLine Strategic Opportunity Fund in the second quarter worth $105,000. Almitas Capital LLC bought a new stake in RiverNorth/DoubleLine Strategic Opportunity Fund during the 2nd quarter valued at about $112,000. Finally, Perennial Investment Advisors LLC bo...