Allspring Global Investments Holdings LLC Boosts Stock Holdings in ROYCE OTC MICRO (NYSE:RMT)

Allspring Global Investments Holdings LLC lifted its holdings in ROYCE OTC MICRO (NYSE:RMT) by 7.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 745,898 shares of the financial services provider’s stock after purchasing an additional 50,461 shares during the period. Allspring Global Investments Holdings LLC owned about 1.47% of ROYCE OTC MICRO worth $6,288,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Roberts Glore & Co. Inc. IL lifted its holdings in ROYCE OTC MICRO by 1.7% during the fourth quarter. Roberts Glore & Co. Inc. IL now owns 88,752 shares of the financial services provider’s stock worth $865,000 after buying an additional 1,498 shares during the period. Jaffetilchin Investment Partners LLC raised its position in shares of ROYCE OTC MICRO by 12.5% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 15,418 shares of the financial services provider’s stock worth $150,000 after acquiring an additional 1,714 shares in the last quarter. Walleye Capital LLC lifted its stake in shares of ROYCE OTC MICRO by 11.9% during the 4th quarter. Walleye Capital LLC now owns 47,150 shares of the financial services provider’s stock worth $460,000 after purchasing an additional 4,999 shares during the last quarter. Stifel Financial Corp boosted its position in ROYCE OTC MICRO by 10.3% during the fourth quarter. Stifel Financial Corp now owns 60,831 shares of the financial services provider’s stock valued at $593,000 after purchasing an additional 5,681 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in ROYCE OTC MICRO by 4.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 150,437 shares of the financial services provider’s stock valued at $1,467,000 after purchasing an additional 6,763 shares in the last quarter. 34.98% of the stock is currently owned by institutional investors.

ROYCE OTC MICRO Stock Up 1.3%

Shares of ROYCE OTC MICRO stock opened at $9.63 on Friday. The firm’s 50 day moving average price is $8.80 and its 200-day moving average price is $9.02. ROYCE OTC MICRO has a 52-week low of $7.25 and a 52-week high of $10.43.

ROYCE OTC MICRO Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Thursday, June 12th were issued a dividend of $0.18 per share. The ex-dividend date was Thursday, June 12th. This represents a $0.72 annualized dividend and a dividend yield of 7.48%.

Insider Buying and Selling at ROYCE OTC MICRO

In other ROYCE OTC MICRO news, insider Charles M. Royce sold 43,229 shares of the company’s stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $8.31, for a total transaction of $359,232.99. Following the transaction, the insider owned 798,970 shares in the company, valued at approximately $6,639,440.70. This represents a 5.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.18% of the stock is owned by insiders.

About ROYCE OTC MICRO

Royce Micro-Cap Trust, Inc is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than $500 million.