C1 Fund Inc. (NYSE:CFND) Short Interest Up 2,945.0% in June

C1 Fund Inc. (NYSE:CFND) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 7,369 shares, a growth of 2,945.0% from the June 15th total of 242 shares. Based on an average daily trading volume, of 42,794 shares, the short-interest ratio is presently 0.2 days.

Insider Activity at C1 Fund

In other news, Director Scott A. Reed purchased 10,000 shares of C1 Fund stock in a transaction dated Monday, June 8th. The shares were purchased at an average price of $3.15 per share, with a total value of $31,500.00. Following the transaction, the director owned 42,000 shares in the company, valued at $132,300. This represents a 31.25% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders have purchased 25,000 shares of company stock worth $79,550.

Institutional Trading of C1 Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. XTX Topco Ltd lifted its position 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 buying an additional 5,291 shares during the last quarter. T3 Companies LLC acquired a new stake in shares of C1 Fund during the fourth quarter valued at about $703,000. Finally, Marex Group plc purchased a new stake in shares of C1 Fund in the 4th quarter valued at approximately $881,000.

C1 Fund Stock Down 1.8%

CFND stock traded down $0.06 during midday trading on Friday, hitting $3.32. 35,389 shares of the company’s stock were exchanged, compared to its average volume of 29,651. C1 Fund has a 1-year low of $2.85 and a 1-year high of $9.78. The company’s 50-day simple moving average is $3.32.