RENN Fund, Inc. (NYSEAMERICAN:RCG) Short Interest Up 317.6% in March

RENN Fund, Inc. (NYSEAMERICAN:RCG) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 7,100 shares, a growth of 317.6% from the February 28th total of 1,700 shares. Based on an average trading volume of 10,400 shares, the days-to-cover ratio is presently 0.7 days.

RENN Fund Trading Up 3.6 %

NYSEAMERICAN:RCG opened at $2.61 on Friday. RENN Fund has a twelve month low of $1.53 and a twelve month high of $2.88. The stock has a 50-day simple moving average of $2.68.

About RENN Fund

RENN Fund, Inc is a closed ended equity mutual fund launched by RENN Capital Group, Inc The fund is co-managed by Horizon Kinetics Asset Management 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 seeks to invest in stocks of small-cap and mid-cap companies.