Central Securities Corporation (NYSEAMERICAN:CET) Short Interest Update

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

Central Securities Stock Up 0.0%

Shares of NYSEAMERICAN CET traded up $0.01 during trading on Wednesday, hitting $55.10. 13,711 shares of the company traded hands, compared to its average volume of 39,676. Central Securities has a 1 year low of $47.82 and a 1 year high of $55.99. The company has a 50-day moving average price of $52.95 and a 200-day moving average price of $52.26.

Central Securities Announces Dividend

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

Institutional Trading of Central Securities

A number of institutional investors have recently added to or reduced their stakes in the business. Trust Co. of Vermont purchased a new position in Central Securities in the 2nd quarter worth approximately $29,000. Assetmark Inc. acquired a new position in Central Securities during the 4th quarter worth $35,000. Bank of America Corp DE bought a new stake in shares of Central Securities in the 2nd quarter worth about $64,000. Williams Jones Wealth Management LLC. bought a new stake in shares of Central Securities in the 3rd quarter worth about $214,000. Finally, Robotti Robert bought a new stake in Central Securities in the second quarter valued at about $230,000. 8.68% of the stock is owned by hedge funds and other institutional investors.

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.