Thai Fund, Inc. (The) (NYSE:TTF) major shareholder City Of London Investment Grou sold 22,176 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $8.93, for a total value of $198,031.68. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

  • 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 value of $226,817.11.

Shares of Thai Fund, Inc. (TTF) traded down 0.34% during midday trading on Wednesday, hitting $8.90. The stock had a trading volume of 10,057 shares. Thai Fund, Inc. has a 1-year low of $6.86 and a 1-year high of $9.05. The firm has a 50-day moving average price of $8.84 and a 200-day moving average price of $8.41.

The firm also recently disclosed a special dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, June 30th were paid a $0.199 dividend. The ex-dividend date was Wednesday, June 28th. This represents a dividend yield of 0.96%.

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An institutional investor recently raised its position in Thai Fund, Inc. (The) stock. Proficio Capital Partners LLC boosted its position in Thai Fund, Inc. (The) (NYSE:TTF) by 30.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,712 shares of the company’s stock after buying an additional 17,110 shares during the period. Proficio Capital Partners LLC’s holdings in Thai Fund, Inc. (The) were worth $661,000 as of its most recent SEC filing. Institutional investors and hedge funds own 56.58% 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.

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