Scott Reed Buys 4,599 Shares of C1 Fund (NYSE:CFND) Stock

C1 Fund Inc. (NYSE:CFNDGet Free Report) Director Scott Reed acquired 4,599 shares of C1 Fund stock in a transaction that occurred on Friday, June 12th. The stock was bought at an average cost of $3.10 per share, with a total value of $14,256.90. Following the acquisition, the director directly owned 52,000 shares of the company’s stock, valued at approximately $161,200. This trade represents a 9.70% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

C1 Fund Price Performance

Shares of C1 Fund stock traded up $0.18 on Monday, hitting $3.30. The company had a trading volume of 3,908 shares, compared to its average volume of 27,792. C1 Fund Inc. has a 52 week low of $2.85 and a 52 week high of $9.78. The business has a 50-day simple moving average of $3.53.

Institutional Investors Weigh In On C1 Fund

A number of institutional investors and hedge funds have recently bought and sold shares of CFND. XTX Topco Ltd lifted its stake 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 in the last quarter. T3 Companies LLC purchased a new stake in shares of C1 Fund in the fourth quarter worth approximately $703,000. Finally, Marex Group plc purchased a new stake in shares of C1 Fund in the fourth quarter worth approximately $881,000.

Further Reading

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