Scott Reed Buys 4,599 Shares of C1 Fund (NYSE:CFND) Stock

C1 Fund Inc. (NYSE:CFND) Director Scott Reed acquired 4,599 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was purchased at an average price of $3.10 per share, for a total transaction of $14,256.90. Following the purchase, the director owned 52,000 shares of the company’s stock, valued at $161,200. The trade was a 9.70% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

C1 Fund Trading Up 2.9%

C1 Fund stock opened at $3.44 on Wednesday. C1 Fund Inc. has a 12 month low of $2.85 and a 12 month high of $9.78. The firm has a 50 day moving average price of $3.51.

Hedge Funds Weigh In On C1 Fund

Several institutional investors have recently bought and sold shares of CFND. T3 Companies LLC purchased a new position in C1 Fund in the fourth quarter valued at approximately $703,000. Marex Group plc purchased a new position in C1 Fund in the fourth quarter valued at approximately $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 purchasing an additional 5,291 shares during the last quarter.