C1 Fund (NYSE:CFND) Director Scott Reed Purchases 10,000 Shares

C1 Fund Inc. (NYSE:CFND) Director Scott Reed acquired 10,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average cost of $3.15 per share, for a total transaction of $31,500.00. Following the completion of the purchase, the director directly owned 42,000 shares of the company’s stock, valued at $132,300. The trade was a 31.25% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

C1 Fund Stock Performance

Shares of NYSE CFND traded down $0.06 during midday trading on Tuesday, reaching $3.10. 13,427 shares of the company were exchanged, compared to its average volume of 27,988. The company’s 50-day moving average price is $3.58. C1 Fund Inc. has a one year low of $2.85 and a one year high of $9.78.

Hedge Funds Weigh In On C1 Fund

Institutional investors have recently made changes to their positions in the stock. Marex Group plc acquired a new stake in shares of C1 Fund in the 4th quarter worth about $881,000. T3 Companies LLC bought a new position in shares of C1 Fund during the 4th quarter valued at approximately $703,000. Finally, XTX Topco Ltd boosted its holdings in C1 Fund by 42.9% in the 4th quarter. XTX Topco Ltd now owns 17,628 shares of the company’s stock worth $86,000 after buying an additional 5,291 shares during the period.