C1 Fund Inc. (NYSE:CFND) Sees Large Decrease in Short Interest

C1 Fund Inc. (NYSE:CFND) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 5,297 shares, a decline of 65.7% from the August 31st total of 15,432 shares. Based on an average daily trading volume, of 129,107 shares, the days-to-cover ratio is currently 0.0 days.

C1 Fund Price Performance

CFND traded down $0.12 during trading on Monday, hitting $2.98. 52,274 shares of the company traded hands, compared to its average volume of 44,099. C1 Fund has a one year low of $2.04 and a one year high of $8.64. The stock’s fifty day moving average is $2.97 and its 200 day moving average is $3.33.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in C1 Fund stock. T3 Companies LLC purchased a new position in C1 Fund Inc. (NYSE:CFND) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 143,391 shares of the company’s stock, valued at approximately $703,000. C1 Fund accounts for about 0.9% of T3 Companies LLC’s investment portfolio, making the stock its 25th biggest position.