C1 Fund Inc. (NYSE:CFND) Short Interest Update

C1 Fund Inc. (NYSE:CFND) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 12,733 shares, a growth of 72.8% from the June 30th total of 7,369 shares. Based on an average trading volume of 36,305 shares, the short-interest ratio is currently 0.4 days.

C1 Fund Trading Down 5.4%

Shares of C1 Fund stock opened at $2.97 on Friday. The firm has a 50-day moving average of $3.26. C1 Fund has a 1 year low of $2.85 and a 1 year high of $9.78.

Insider Buying and Selling

In related news, Director Scott A. Reed acquired 10,000 shares of C1 Fund stock in a transaction on Monday, June 8th. The shares were purchased at an average cost of $3.15 per share, for a total transaction of $31,500.00. Following the purchase, the director directly owned 42,000 shares of the company’s stock, valued at $132,300. The trade was a 31.25% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last 90 days, insiders have acquired 25,000 shares of company stock worth $79,550.

Institutional Trading of C1 Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Marex Group plc bought a new position in C1 Fund during the 4th quarter worth approximately $881,000. T3 Companies LLC acquired a new position in shares of C1 Fund in the 4th quarter worth approximately $703,000. Finally, XTX Topco Ltd grew its position in shares of C1 Fund by 42.9% in the 4th quarter. XTX Topco Ltd now owns 17,628 shares of the company’s stock worth $86,000 after acquiring an additional 5,291 shares in the last quarter.