Templeton Dragon Fund, Inc. (NYSE:TDF – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 800 shares, a drop of 95.7% from the September 30th total of 18,400 shares. Based on an average daily volume of 67,400 shares, the days-to-cover ratio is presently 0.0 days.
Templeton Dragon Fund Trading Up 1.2 %
Shares of TDF traded up $0.11 during midday trading on Friday, reaching $9.02. 50,688 shares of the company were exchanged, compared to its average volume of 58,641. Templeton Dragon Fund has a 1-year low of $7.15 and a 1-year high of $10.41. The stock has a 50-day moving average price of $8.43 and a 200-day moving average price of $8.23.
Templeton Dragon Fund Cuts Dividend
The business also recently declared a semi-annual dividend, which was paid on Friday, August 30th. Shareholders of record on Monday, August 19th were issued a $0.1155 dividend. This represents a yield of 3%. The ex-dividend date of this dividend was Monday, August 19th.
Institutional Trading of Templeton Dragon Fund
Templeton Dragon Fund Company Profile
Templeton Dragon Fund, Inc is a closed ended equity mutual fund launched by Franklin Resources, Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of China. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.
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