Bexil Investment Trust (OTCMKTS:DNIF) Shares Down 1.5% – Should You Sell?

Bexil Investment Trust (OTCMKTS:DNIF) shares were down 1.5% during mid-day trading on Tuesday . The stock traded as low as $12.10 and last traded at $12.17. Approximately 31,800 shares traded hands during mid-day trading, an increase of 36% from the average daily volume of 23,459 shares. The stock had previously closed at $12.36.

Bexil Investment Trust Stock Performance

The firm’s 50 day simple moving average is $12.17 and its 200 day simple moving average is $12.17.

Bexil Investment Trust Company Profile

Bexil Investment Trust is a closed-end management investment company organized under the laws of the Cayman Islands. The trust seeks to deliver high current income and capital appreciation by investing primarily in high-yield corporate debt securities, convertible securities and other fixed-income instruments. Its portfolio is constructed to capture opportunities across both developed and emerging markets, with a focus on credit instruments issued by companies in Latin America, Asia, Eastern Europe and select markets in Africa.

The investment strategy is managed by Bexil Asset Management, L.P., which employs fundamental credit analysis and active risk management to identify undervalued debt securities.