SLF Realisation Fund (LON:SLFR) Shares Down 10.8% – Here’s What Happened

Shares of SLF Realisation Fund (LON:SLFR) traded down 10.8% during trading on Monday . The stock traded as low as GBX 0.93 ($0.01) and last traded at GBX 1 ($0.01). 3,584,322 shares changed hands during mid-day trading, an increase of 456% from the average session volume of 644,689 shares. The stock had previously closed at GBX 1.12 ($0.01).

SLF Realisation Fund Stock Performance

The firm’s 50-day moving average price is GBX 1.69 and its two-hundred day moving average price is GBX 1.74. The firm has a market capitalization of £3.56 million and a price-to-earnings ratio of -25.00.

SLF Realisation Fund Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, October 22nd. Investors of record on Thursday, October 10th were given a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date was Thursday, October 10th. This represents a yield of 28.09%.

Insiders Place Their Bets

In related news, insider Brett Lance Miller bought 14,030,470 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £140,304.70 ($180,549.09). Company insiders own 10.99% of the company’s stock.