FINANCIAL & INVESTMENT MANAGEMENT GROUP LTD

recently stated that they own 18.1% of U.S. Global Investors, Inc. (NASDAQ:GROW) in a Form 13G disclosure that was filed with the Securities and Exchange Commission (SEC) on Tuesday, August 8th. The investor owns 2,374,819 shares of the stock worth $3,253,502. The disclosure is available through the SEC website at this hyperlink.

FINANCIAL & INVESTMENT MANAGEMENT GROUP LTD

provided the following explanation of their ownership:

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Shares of U.S. Global Investors, Inc. (NASDAQ:GROW) traded up 0.4453% during trading on Tuesday, hitting $1.3761. The stock had a trading volume of 1,197 shares. U.S. Global Investors, Inc. has a 1-year low of $1.25 and a 1-year high of $2.26. The firm’s 50 day moving average is $1.46 and its 200 day moving average is $1.53. The company’s market cap is $20.90 million.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 25th. Investors of record on Monday, September 11th will be given a $0.0025 dividend. The ex-dividend date is Friday, September 8th. This represents a $0.03 dividend on an annualized basis and a dividend yield of 2.19%.

COPYRIGHT VIOLATION WARNING: “18.1% Stake of U.S. Global Investors, Inc. (NASDAQ:GROW) Owned by FINANCIAL & INVESTMENT MANAGEMENT GROUP LTD” was first reported by Daily Political and is the sole property of of Daily Political. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright legislation. The legal version of this piece can be accessed at https://www.dailypolitical.com/2017/08/08/18-1-stake-of-u-s-global-investors-inc-nasdaqgrow-owned-by-financial-investment-management-group-ltd.html.

About U.S. Global Investors

U.S. Global Investors, Inc is an investment advisor. The Company, with principal operations located in San Antonio, Texas, manages three business segments. The Investment Management Services segment, through the United States Global Investors Funds (USGIF), offers offshore clients, and an exchange traded fund (ETF) client, a range of investment management products and services to meet the needs of individual and institutional investors.

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