Short Interest in The Central and Eastern Europe Fund, Inc. (NYSE:CEE) Increases By 31.5%

The Central and Eastern Europe Fund, Inc. (NYSE:CEE) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 26,700 shares, a growth of 31.5% from the October 31st total of 20,300 shares. Based on an average trading volume of 26,900 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of The Central and Eastern Europe Fund

A hedge fund recently raised its stake in The Central and Eastern Europe Fund stock. Nations Financial Group Inc. IA ADV lifted its stake in The Central and Eastern Europe Fund, Inc. (NYSE:CEE) by 0.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 218,016 shares of the closed-end fund’s stock after acquiring an additional 1,100 shares during the period. Nations Financial Group Inc. IA ADV owned approximately 3.46% of The Central and Eastern Europe Fund worth $2,337,000 at the end of the most recent reporting period. 34.41% of the stock is owned by institutional investors and hedge funds.

The Central and Eastern Europe Fund Trading Up 0.6 %

The Central and Eastern Europe Fund stock opened at $11.88 on Monday. The Central and Eastern Europe Fund has a 52 week low of $8.89 and a 52 week high of $13.36. The business’s 50-day simple moving average is $11.09 and its 200-day simple moving average is $10.71.

The Central and Eastern Europe Fund Company Profile

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.