C1 Fund Inc. (NYSE:CFND) Sees Large Growth in Short Interest

C1 Fund Inc. (NYSE:CFND) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,296 shares, an increase of 202.1% from the April 15th total of 429 shares. Based on an average trading volume of 21,172 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On C1 Fund

Several large investors have recently made changes to their positions in the stock. T3 Companies LLC bought a new position in shares of C1 Fund in the fourth quarter valued at $703,000. Marex Group plc bought a new stake in C1 Fund during the fourth quarter worth $881,000. Finally, XTX Topco Ltd lifted its stake 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 acquiring an additional 5,291 shares during the last quarter.

C1 Fund Stock Performance

NYSE CFND traded up $0.20 during trading hours on Thursday, hitting $3.54. 56,793 shares of the company traded hands, compared to its average volume of 28,659. The stock has a 50-day simple moving average of $3.76. C1 Fund has a twelve month low of $3.18 and a twelve month high of $9.78.