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

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

SLF Realisation Fund Trading Down 8.4 %

The stock has a market capitalization of £3.63 million and a PE ratio of -25.53. The firm has a 50 day moving average price of GBX 1.66 and a 200 day moving average price of GBX 1.73.

SLF Realisation Fund Cuts Dividend

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

Insider Activity

In other news, insider Brett Lance Miller bought 250,000 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were bought at an average price of GBX 1 ($0.01) per share, for a total transaction of £2,500 ($3,217.09). Insiders own 10.99% of the company’s stock.