Clm stock price seasonal trends suggest CLM stock price

Seasonal trends suggest CLM stock price may outperform into late Q3, supported by historical average returns of +4.1% during August-September due to dividend capture strategies. Even so, its stock is currently well below the 52-week high of $66.98 achieved last March, and down from the more than $60 per share reached in January. The current dip in share price could be a buying opportunity, or a signal to avoid the company. To know which, you have to examine what's going on with DocuSign in more detail. The company also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a $0.1224 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 17.6%. The ex-dividend date is Monday, December 15th. Hedge Funds Weigh In On Cornerstone Strategic Investment Fund Several large investors have recently bought and sold shares of CLM. Sculptor Capital LP purchased a new stake in shares of Cornerstone Strategic Investment Fund during the 2nd quarter valued at $21,653,000. Absolute Investment Advisers LLC purchased a new position in Cornerstone Strategic Investment Fund during the 2nd quarter valued at about $9,980,000. Thomas J. Herzfeld Advisors Inc. grew its holdings in Cornerstone Strategic Investment Fund by 1,109.3% during the 2nd quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,074,966 shares of the investment management company's stock valued at $8,729,000 after buying an additional 986,074 shares in the last quarter. Osaic Holdings Inc. boosted its position in shares of Cornerstone Strategic Investment Fund by 29.3% during the 2nd quarter. Osaic Holdings Inc. now owns 3,493,550 shares of the investment management company's stock valued at $28,367,000 after acquiring an additional 791,583 shares during the last quarter. Finally, Tabor Asset Management LP bought a new stake in shares of Cornerstone Strategic Investment Fund during the 1st quarter valued at about $4,924,000. Cornerstone Strategic Investment Fund Company Profile ( Get Free Report ) Cornerstone Strategic Value Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value and growth stocks of companies. Read More Five stocks we like better than Cornerstone Strategic Investment Fund How to Use the MarketBeat Stock Screener General Dynamics Hits New Highs: Why It Might Keep Climbing Retail Stocks Investing, Explained Nike’s Turnaround: If the Shoe Fits, Buy It! How to Use the MarketBeat Dividend Calculator NVIDIA Breaks Out to New Highs: What Comes Next? This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Cornerstone Strategic Investment Fund Right Now? Before you consider Cornerstone Strategic Investment Fund, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cornerstone Strategic Investment Fund wasn't on the list. While Cornerstone Strategic Investment Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Metaverse Stocks And Why You Can't Ignore Them Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment. Get This Free Report Investors tracking CLM stock price noted a midday dip to $7.24 before a late-session rally. Short interest remains modest at around 2.1%, limiting downside volatility in the near term.