C1 Fund (NYSE:CFND) Director Scott Reed Purchases 4,599 Shares

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

C1 Fund Stock Up 5.7%

CFND stock traded up $0.18 during midday trading on Monday, hitting $3.30. 3,908 shares of the company traded hands, compared to its average volume of 27,792. C1 Fund Inc. has a twelve month low of $2.85 and a twelve month high of $9.78. The firm’s 50 day simple moving average is $3.53.

Institutional Investors Weigh In On C1 Fund

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