30DD 2015-08-12 Update Sell HTGC | Investors Alley

30DD 2015-08-12 Update Sell HTGC

Trade Close – Hercules Technology Growth Capital

The open 30 Day Dividends position in Hercules Technology Growth Capital (NYSE:HTGC) will be closed out today, August 12, 2015. The stock goes ex-dividend on Thursday, August 13 and the share price will drop by the $0.31 dividend.

The HTGC position was established on June 19 to profit from the predicted ex-dividend to ex-dividend price swing. The position is a couple of percent profitable, but well short of the $12.75 target price. Trade results will be updated using today’s closing price.

Recommendation: Close the open position in HTGC during the trading day on Wednesday, August 12.

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