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Business Wire (Thu, 16-Jul 4:30 PM ET)
RiverNorth Closed-End Funds Declare Monthly Distributions
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RiverNorth/DoubleLine Strategic Opportunity Fund Inc is a closed-end management investment company. The company's investment objective is to seek current income and overall total return.
Rivernorth/Doubleline Strategic Opportunity trades on the NYSE stock market under the symbol OPP.
As of September 18, 2026, OPP stock price declined to $7.13 with 95,658 million shares trading.
OPP has a beta of 0.28, meaning it tends to be less sensitive to market movements. OPP has a correlation of 0.22 to the broad based SPY ETF.
OPP has a market cap of $95.43 million. This is considered a Micro Cap stock.
In the last 3 years, OPP traded as high as $9.30 and as low as $7.01.
OPP has underperformed the market in the last year with a price return of -4.1% while the SPY ETF gained +16.8%. OPP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.3% and -3.1%, respectively, while the SPY returned +2.3% and -0.9%, respectively.
OPP support price is $7.09 and resistance is $7.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OPP shares will trade within this expected range on the day.
