C1 Fund Inc. (NYSE:CFND) Short Interest Update

C1 Fund Inc. (NYSE:CFND) was the recipient of a large decrease in short interest in 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 Down 2.8%

C1 Fund stock traded down $0.08 during mid-day trading on Friday, reaching $2.77. 46,039 shares of the stock traded hands, compared to its average volume of 37,214. C1 Fund has a 12-month low of $2.04 and a 12-month high of $9.01. The business’s 50-day moving average is $3.04 and its 200-day moving average is $3.46.

Insider Buying and Selling at C1 Fund

In other news, Director Scott A. Reed purchased 10,000 shares of the stock in a transaction dated Monday, June 8th. The shares were purchased at an average cost of $3.15 per share, with a total value of $31,500.00. Following the acquisition, the director directly owned 42,000 shares of the company’s stock, valued at $132,300. This represents a 31.25% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders acquired 25,000 shares of company stock worth $79,550.

Institutional Investors Weigh In On C1 Fund

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