Towerview LLC raised its holdings in shares of C3is Inc. (NASDAQ:CISS – Free Report) by 191.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 70,000 shares of the company’s stock after purchasing an additional 46,000 shares during the quarter. C3is accounts for approximately 0.1% of Towerview LLC’s investment portfolio, making the stock its 24th largest holding. Towerview LLC owned approximately 19.07% of C3is worth $80,000 as of its most recent SEC filing.
Separately, Acadian Asset Management LLC bought a new stake in shares of C3is during the second quarter worth $374,000. Hedge funds and other institutional investors own 10.54% of the company’s stock.
C3is Price Performance
Shares of NASDAQ:CISS remained flat at $1.14 on Thursday. The stock had a trading volume of 19,653 shares, compared to its average volume of 716,610. C3is Inc. has a fifty-two week low of $1.08 and a fifty-two week high of $68.49. The company has a market capitalization of $421,800.00, a PE ratio of 0.03 and a beta of 2.53. The stock’s 50 day simple moving average is $1.16 and its 200 day simple moving average is $1.31.
C3is Company Profile
C3is Inc offers international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. The company owns and operates a fleet of two drybulk carriers, which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers, and one Aframax crude oil tanker that transports crude oil.
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