C1 Fund Inc. (NYSE:CFND) Short Interest Update

C1 Fund Inc. (NYSE:CFND – Get Free Report) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 242 shares, a decline of 96.0% from the May 31st total of 6,031 shares. Based on an average trading volume of 32,780 shares, the short-interest ratio is currently 0.0 days.

Insiders Place Their Bets

In other C1 Fund news, Director Scott A. Reed bought 10,000 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was acquired at an average price of $3.15 per share, with a total value of $31,500.00. Following the completion of the purchase, the director owned 42,000 shares of the company’s stock, valued at approximately $132,300. This trade represents a 31.25% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have bought a total of 25,000 shares of company stock valued at $79,550 in the last 90 days.

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Institutional Investors Weigh In On C1 Fund

A number of institutional investors have recently modified their holdings of the stock. Marex Group plc purchased a new position in shares of C1 Fund in the 4th quarter worth about $881,000. XTX Topco Ltd grew its position in C1 Fund by 42.9% during the 4th quarter. XTX Topco Ltd now owns 17,628 shares of the company’s stock valued at $86,000 after purchasing an additional 5,291 shares during the last quarter. Finally, T3 Companies LLC bought a new stake in C1 Fund during the 4th quarter valued at about $703,000.

C1 Fund Stock Down 1.2%

Shares of C1 Fund stock traded down $0.04 during midday trading on Friday, hitting $2.98. The company had a trading volume of 22,679 shares, compared to its average volume of 28,851. The firm has a 50 day moving average price of $3.46. C1 Fund has a 52-week low of $2.85 and a 52-week high of $9.78.

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