The Central and Eastern Europe Fund, Inc. (NYSE:CEE - Get Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totalling 20,700 shares, an increase of 41.8% from the April 30th total of 14,600 shares. Based on an average trading volume of 71,200 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the shares of the company are sold short.
Hedge Funds Weigh In On The Central and Eastern Europe Fund
Institutional investors have recently modified their holdings of the business. Patriot Financial Group Insurance Agency LLC bought a new position in shares of The Central and Eastern Europe Fund in the first quarter valued at approximately $195,000. Fifth Lane Capital LP bought a new position in shares of The Central and Eastern Europe Fund in the first quarter valued at approximately $283,000. Dynamic Technology Lab Private Ltd bought a new position in shares of The Central and Eastern Europe Fund in the first quarter valued at approximately $306,000. Accretive Wealth Partners LLC bought a new position in shares of The Central and Eastern Europe Fund in the first quarter valued at approximately $367,000. Finally, Freestone Capital Holdings LLC bought a new position in shares of The Central and Eastern Europe Fund in the first quarter valued at approximately $649,000. 34.41% of the stock is owned by institutional investors.
The Central and Eastern Europe Fund Stock Performance
Shares of CEE stock traded down $0.17 during trading on Thursday, hitting $15.11. The company's stock had a trading volume of 17,333 shares, compared to its average volume of 40,318. The business has a fifty day moving average of $14.52 and a 200-day moving average of $13.57. The Central and Eastern Europe Fund has a 52 week low of $9.82 and a 52 week high of $17.11.
The Central and Eastern Europe Fund Company Profile
(
Get Free Report)
The Central and Eastern Europe Fund, Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets across Central and Eastern Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.
Further Reading
Before you consider The Central and Eastern Europe Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Central and Eastern Europe Fund wasn't on the list.
While The Central and Eastern Europe Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
