C1 Fund Inc. (NYSE:CFND) Short Interest Down 69.2% in August

C1 Fund Inc. (NYSE:CFND) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 3,627 shares, a decrease of 69.2% from the July 30th total of 11,781 shares. Based on an average daily trading volume, of 42,672 shares, the days-to-cover ratio is presently 0.1 days.

C1 Fund Stock Up 0.4%

CFND stock opened at $2.74 on Thursday. The business has a fifty day moving average price of $3.06 and a 200 day moving average price of $3.47. C1 Fund has a fifty-two week low of $2.04 and a fifty-two week high of $9.01.

Insiders Place Their Bets

In other news, Director Scott A. Reed acquired 10,000 shares of the company’s stock in a transaction dated Monday, June 8th. The stock was bought at an average price of $3.15 per share, with a total value of $31,500.00. Following the completion of the acquisition, the director owned 42,000 shares in the company, valued at approximately $132,300. This represents a 31.25% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have bought 25,000 shares of company stock worth $79,550 over the last quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in CFND. XTX Topco Ltd increased its position in C1 Fund by 42.9% in the 4th quarter. XTX Topco Ltd now owns 17,628 shares of the company’s stock valued at $86,000 after acquiring an additional 5,291 shares in the last quarter. T3 Companies LLC acquired a new stake in shares of C1 Fund in the fourth quarter valued at approximately $703,000. Finally, Marex Group plc bought a new position in C1 Fund in the 4th quarter worth approximately $881,000.