Sqn Secured Income Fund (LON:SSIF) Reaches New 12-Month Low at $85.50

Sqn Secured Income Fund PLC (LON:SSIF) shares hit a new 52-week low on Friday . The stock traded as low as GBX 85.50 ($1.12) and last traded at GBX 85.75 ($1.12), with a volume of 23759 shares. The stock had previously closed at GBX 86.75 ($1.13).

The firm’s 50 day moving average price is GBX 86.87 and its two-hundred day moving average price is GBX 86.46.

The firm also recently disclosed a dividend, which will be paid on Friday, December 27th. Stockholders of record on Thursday, December 5th will be given a GBX 0.58 ($0.01) dividend. This represents a dividend yield of 0.67%. The ex-dividend date is Thursday, December 5th.

About Sqn Secured Income Fund (LON:SSIF)

SQN Secured Income Fund plc, formerly The SME Loan Fund PLC, is an investment company. The investment objective of the Company is to provide shareholders with attractive risk adjusted returns through investment, predominantly in a range of secured loans and other secured loan-based instruments originated through a variety of channels and diversified by way of asset class, geography and duration.

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