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Charles Royce, a senior advisor at Royce & Associates, has sold shares in Royce Micro-Cap Trust, Inc. (NYSE:RMT), according to a recent SEC filing. The transactions, which took place on May 5 and May 6, involved the sale of a total of 52,841 shares of common stock at prices ranging from $8.17 to $8.31 per share. These sales amounted to a total value of $438,822.
Following the transactions, Royce continues to hold 796,928 shares directly. Additionally, 457,070 shares are held indirectly through the Royce Charitable Trust, and 35,720 shares are held in a family investment entity. The latter is managed by Royce, who has a substantial pecuniary interest in the entity, although he disclaims beneficial ownership of portions where he holds no pecuniary interest. The trust’s shares have declined 13.63% over the past six months, while maintaining strong liquidity with a current ratio of 4.97. InvestingPro subscribers can access 4 additional key insights about RMT’s financial health and market position.
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