C1 Fund Inc. (NYSE:CFND – Get Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 5,510 shares, a growth of 325.2% from the April 30th total of 1,296 shares. Based on an average trading volume of 46,801 shares, the days-to-cover ratio is currently 0.1 days.
C1 Fund Trading Down 0.8%
Shares of NYSE:CFND traded down $0.03 during midday trading on Friday, hitting $3.50. 23,117 shares of the company’s stock traded hands, compared to its average volume of 27,579. The firm has a fifty day moving average price of $3.68. C1 Fund has a twelve month low of $3.18 and a twelve month high of $9.78.
Hedge Funds Weigh In On C1 Fund
Hedge funds and other institutional investors have recently made changes to their positions in the business. XTX Topco Ltd lifted its holdings in shares of C1 Fund by 42.9% during the 4th quarter. XTX Topco Ltd now owns 17,628 shares of the company’s stock valued at $86,000 after acquiring an additional 5,291 shares in the last quarter. T3 Companies LLC acquired a new position in C1 Fund in the 4th quarter worth $703,000. Finally, Marex Group plc acquired a new position in C1 Fund in the 4th quarter worth $881,000.
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