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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 October 14, 2026, OPP stock price declined to $6.82 with 123,901 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 0.19 to the broad based SPY ETF.
OPP has a market cap of $91.28 million. This is considered a Micro Cap stock.
In the last 3 years, OPP traded as high as $9.30 and as low as $6.82.
OPP has underperformed the market in the last year with a price return of -5.3% while the SPY ETF gained +17.2%. OPP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -8.2% and -1.3%, respectively, while the SPY returned +3.0% and +0.7%, respectively.
OPP support price is $6.85 and resistance is $7.02 (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.
