Shares of Retail Value Inc (NYSE:RVI) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $25.79 and last traded at $27.71, with a volume of 313 shares trading hands. The stock had previously closed at $28.14.

The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 1.65.

Retail Value (NYSE:RVI) last posted its quarterly earnings results on Monday, November 5th. The company reported $0.32 earnings per share (EPS) for the quarter. The business had revenue of $69.66 million for the quarter.

The firm also recently declared a special dividend, which will be paid on Friday, January 25th. Shareholders of record on Monday, December 17th will be given a dividend of $1.30 per share. The ex-dividend date is Friday, December 14th.

In other Retail Value news, major shareholder Luxor Capital Group, Lp purchased 4,034 shares of the business’s stock in a transaction on Friday, November 9th. The stock was acquired at an average cost of $28.16 per share, for a total transaction of $113,597.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Several large investors have recently modified their holdings of RVI. WealthTrust Fairport LLC bought a new position in shares of Retail Value during the third quarter valued at about $106,000. Forsta AP Fonden bought a new position in shares of Retail Value during the third quarter valued at about $107,000. Pensionfund Sabic bought a new position in shares of Retail Value during the third quarter valued at about $121,000. Ancora Advisors LLC bought a new position in shares of Retail Value during the third quarter valued at about $156,000. Finally, Jane Street Group LLC bought a new position in shares of Retail Value during the third quarter valued at about $210,000. 66.86% of the stock is owned by hedge funds and other institutional investors.

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About Retail Value (NYSE:RVI)

RVI is an independent publicly traded company trading under the ticker symbol “RVI” on the New York Stock Exchange. RVI holds assets in the continental U.S. and Puerto Rico and is managed by one or more subsidiaries of SITE Centers Corp. (formerly known as DDR Corp.). RVI focuses on realizing value in its business through operations and sales of its assets.

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