Central Securities Corporation (NYSEAMERICAN:CET) Short Interest Down 89.2% in July

Central Securities Corporation (NYSEAMERICAN:CET) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 914 shares, a decrease of 89.2% from the July 15th total of 8,454 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 32,859 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Central Securities

A number of institutional investors have recently bought and sold shares of CET. Rockefeller Capital Management L.P. raised its stake in Central Securities by 2.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 803,728 shares of the company’s stock worth $40,757,000 after purchasing an additional 17,776 shares during the period. Bulldog Investors LLP increased its holdings in shares of Central Securities by 1.4% during the 1st quarter. Bulldog Investors LLP now owns 396,467 shares of the company’s stock worth $19,689,000 after buying an additional 5,521 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Central Securities by 2.3% during the 3rd quarter. Raymond James Financial Inc. now owns 312,216 shares of the company’s stock worth $16,039,000 after buying an additional 6,912 shares during the last quarter. Blue Bell Private Wealth Management LLC raised its position in shares of Central Securities by 8.2% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 311,489 shares of the company’s stock worth $15,796,000 after buying an additional 23,696 shares during the period. Finally, Brasada Capital Management LP raised its position in shares of Central Securities by 11.5% in the 4th quarter. Brasada Capital Management LP now owns 122,996 shares of the company’s stock worth $6,240,000 after buying an additional 12,716 shares during the period. 8.68% of the stock is currently owned by hedge funds and other institutional investors.

Central Securities Stock Down 0.4%

NYSEAMERICAN:CET traded down $0.21 during mid-day trading on Thursday, reaching $55.02. The company’s stock had a trading volume of 47,505 shares, compared to its average volume of 33,520. The company’s fifty day simple moving average is $53.03 and its two-hundred day simple moving average is $52.30. Central Securities has a twelve month low of $47.82 and a twelve month high of $55.99.

Central Securities Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were issued a dividend of $0.31 per share. This represents a dividend yield of 117.0%. The ex-dividend date was Friday, June 12th.

Central Securities Company Profile

Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations. Central Securities Corp. was founded on October 1, 1929 and is based in New York City.