Thai Fund, Inc. (The) (NYSE:TTF) major shareholder City Of London Investment Grou sold 24,376 shares of Thai Fund, Inc. (The) stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $8.79, for a total transaction of $214,265.04. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

City Of London Investment Grou also recently made the following trade(s):

  • On Tuesday, August 8th, City Of London Investment Grou sold 22,176 shares of Thai Fund, Inc. (The) stock. The stock was sold at an average price of $8.93, for a total transaction of $198,031.68.
  • On Thursday, May 25th, City Of London Investment Grou sold 26,041 shares of Thai Fund, Inc. (The) stock. The stock was sold at an average price of $8.71, for a total transaction of $226,817.11.

Shares of Thai Fund, Inc. (TTF) traded up 0.81% during trading on Monday, reaching $8.76. 22,838 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $8.82 and a 200-day moving average price of $8.47. Thai Fund, Inc. has a 52 week low of $6.86 and a 52 week high of $9.05.

COPYRIGHT VIOLATION NOTICE: “Insider Selling: Thai Fund, Inc. (The) (TTF) Major Shareholder Sells 24,376 Shares of Stock” was originally published by Watch List News and is owned by of Watch List News. If you are viewing this report on another website, it was stolen and republished in violation of US and international copyright laws. The legal version of this report can be viewed at https://www.watchlistnews.com/insider-selling-thai-fund-inc-the-ttf-major-shareholder-sells-24376-shares-of-stock/1488118.html.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Doliver Capital Advisors LP raised its position in shares of Thai Fund, Inc. (The) by 3.1% in the second quarter. Doliver Capital Advisors LP now owns 23,406 shares of the company’s stock valued at $203,000 after buying an additional 701 shares during the last quarter. Citigroup Inc. raised its position in shares of Thai Fund, Inc. (The) by 43.8% in the second quarter. Citigroup Inc. now owns 117,157 shares of the company’s stock valued at $1,016,000 after buying an additional 35,710 shares during the last quarter. Finally, Proficio Capital Partners LLC raised its position in shares of Thai Fund, Inc. (The) by 30.2% in the second quarter. Proficio Capital Partners LLC now owns 73,712 shares of the company’s stock valued at $661,000 after buying an additional 17,110 shares during the last quarter. Institutional investors and hedge funds own 56.74% of the company’s stock.

Thai Fund, Inc. (The) Company Profile

The Thai Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investment primarily in equity securities of companies organized under the laws of the Kingdom of Thailand. The Fund seeks long-term capital appreciation and integrates top-down sector allocation and bottom-up stock selection with a growth bias.

Receive News & Ratings for Thai Fund Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thai Fund Inc. (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.