Short Interest in C1 Fund Inc. (NYSE:CFND) Declines By 96.0%

C1 Fund Inc. (NYSE:CFND) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 242 shares, a decrease of 96.0% from the May 31st total of 6,031 shares. Based on an average daily volume of 32,780 shares, the short-interest ratio is presently 0.0 days.

C1 Fund Stock Down 8.8%

CFND traded down $0.28 during trading hours on Thursday, hitting $2.96. 100,930 shares of the company’s stock were exchanged, compared to its average volume of 28,912. C1 Fund has a 12-month low of $2.85 and a 12-month high of $9.78. The stock’s 50 day moving average price is $3.46.

Insider Activity

In other C1 Fund news, Director Scott A. Reed acquired 10,000 shares of the stock in a transaction dated Monday, June 8th. The stock was acquired at an average price of $3.15 per share, with a total value of $31,500.00. Following the completion of the purchase, the director owned 42,000 shares in the company, valued at $132,300. This trade represents a 31.25% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have bought a total of 25,000 shares of company stock worth $79,550 over the last 90 days.

Institutional Trading of C1 Fund

A number of large investors have recently modified their holdings of CFND. XTX Topco Ltd boosted its holdings in C1 Fund by 42.9% in the fourth quarter. XTX Topco Ltd now owns 17,628 shares of the company’s stock valued at $86,000 after purchasing an additional 5,291 shares during the period. T3 Companies LLC acquired a new stake in C1 Fund in the 4th quarter valued at about $703,000. Finally, Marex Group plc acquired a new stake in C1 Fund in the 4th quarter valued at about $881,000.